Excelsior Correspondent
HYDERABAD, Nov 1: India’s largest iron ore producer, NMDC recorded its best ever performance in company’s history, producing 3.92 MnT and selling 3.44 MnT of iron ore in October 2023.
The mining major reported a growth of 11 per cent in both production and sales in October 2023 over CPLY.
NMDC’s cumulative production upto October 2023 stood at 23.48 MnT which is 19 per cent more than the production up to October 2022 (19.71 MnT). Cumulative sales till October rose by 23 per cent from 19.44 MnT to 23.99 MnT.
Congratulating his team on this stellar performance, Amitava Mukherjee, CMD (Additional Charge) said, “These numbers are the wind beneath our wings in our flight towards the target of 50 MnT production. Record breaking performances month after month are a testament to Team NMDC’s steely spirit. Our confidence in digitalization, investment in technology, and commitment to responsible mining will contribute to building a strong future of mining in India.”
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