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State-owned National Mineral Development Corporation (NMDC) has announced a 15% rise in its iron ore production and a 3% increase in sales for the month of April.
In a statement released on Sunday, NMDC confirmed that it produced 4 million tonnes (MnT) of iron ore in April, up from 3.48 MnT in the same month last year.
This marks a strong start for the company as it continues to drive growth in the sector.
Record Performance And Growth At Key Mines
Amitava Mukherjee, Chairman and Managing Director (CMD) of NMDC, highlighted the company’s record-breaking performance, attributing much of the success to impressive dispatch figures from its key iron ore mines—Kirandul, Bacheli, and Donimalai.
These mines reported growth of 12%, 4%, and 88% respectively, compared to the corresponding period last year (CPLY).
Mukherjee stated, “Our record-breaking April performance, coupled with the best-ever dispatch figures from our major iron ore mines, solidifies our leadership position and sets a strong foundation for achieving our ambitious target of becoming a 100 MT mining company by 2030.”
Pellet Production Hits All-Time High
NMDC also achieved a significant milestone in its pellet production, which soared to an all-time high of 0.23 lakh tonnes in April, surpassing the previous record set in 2018.
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This achievement further reflects the company’s commitment to scaling its production capabilities to meet growing demand in both domestic and international markets.
NMDC’s Role As India’s Leading Iron Ore Producer
As the largest iron ore producer in India, NMDC operates under the Ministry of Steel and plays a critical role in the nation’s mining and steel industries.
The company’s robust performance in April reflects its ongoing efforts to maintain leadership in the sector and drive long-term growth.
NMDC Steel Limited Reports Growth In Hot Metal Production
Meanwhile, NMDC Steel Limited (NSL), a demerged entity from NMDC, reported an 8.5% month-on-month growth in its hot metal production.
NSL produced 2,30,111 tonnes of hot metal in April, up from 2,11,978 tonnes in March. The company’s Nagar Steel Plant in Chhattisgarh, India’s youngest steel unit, continued its growth trajectory.
The plant, which has a capacity of 3 million tonnes, was set up at a cost of Rs 24,000 crore and is poised to make significant contributions to India’s steel sector.
Setting The Stage For Future Growth
With these impressive figures, NMDC is positioning itself for continued success in the years to come.
As the company aims to reach the ambitious target of 100 million tonnes (MT) of mining capacity by 2030, it is poised to play a central role in India’s mining and steel industries, contributing to both national economic growth and global supply chains.
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