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NMDC records 24% production growth in 2021-22


NMDC records 24% production growth in 2021-22

NMDC’s output to grow 24% in 2021-22

The Steel Ministry company National Mineral Development Corporation (NMDC) recorded a 24% increase in output as it produced 42.19 million tonnes of iron ore in 2021-22, compared to 34.15 output. million tons recorded last year.

In 2021-22, NMDC sold 40.56 million tons of iron ore, 22% higher than the 33.25 million tons it sold in 202-21.

In the third quarter of 2021-22, NMDC produced 13.86 million tons of iron ore compared to 12.31 million tons in the same period last year, up 13%.

At the same time, it recorded an 11% growth in sales in Q3 as it sold 12.29 million tons of iron ore compared to 11.09 million tons sold in Q3 2020-21.



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