NMDC’s iron ore output, sales touch new high for May 

India’s largest iron ore producer, NMDC is pursuing a plan to raise its annual production capacity to 100 MT by 2030
| Photo Credit: Arrangement

State-owned miner NMDC produced 4.43 MT of iron ore in May, an increase of 89% from 2.34 MT a year earlier.

Sales of the key raw material for steel stood at 4.34 MT, almost 54% higher compared to 2.82 MT in the corresponding period of previous fiscal.

The performance was the best ever in May thus far. “The exceptional increase in production and in sales reflects our operational excellence and ability to push boundaries, innovate and thrive in an ever-evolving landscape,” CMD Amitava Mukherjee said on Monday.

NMDC CMD Amitava Mukherjee 
| Photo Credit:
Arrangement

The cumulative production and sales this fiscal stands at 8.43 MT and 7.94 MT respectively with back-to-back record performances in April and May, including the highest-ever April production and sales figures of 4 MT and 3.63 MT. They laid a strong foundation for FY26. “We remain focused on accelerating growth, embracing smart technologies and building a sustainable, self-reliant future for the mining sector,” he said in a release.

India’s largest iron ore producer, NMDC is pursuing a plan to raise its annual production capacity to 100 MT by 2030. The company said it is investing heavily in advanced infrastructure, including slurry pipelines, beneficiation plants and a countrywide network of stockyards.