NMDC's Iron Ore Production At 8.52 Million Tonnes

NMDC on Thursday's after-market hours announced that the company's total production of Iron Ore upto the month of June 2017 stood at 8.52 million tonnes

Sector-wise, Chhattisgarh contributed 5.51 million tonnes and Karnataka contributed 3.01 million tonnes to the total production during the same period.

Whereas the company's total sales stood at 9.21 million tonnes up to the month of June 2017, Chhattisgarh contributing 5.81 million tonnes and Karnataka contributed 3.40 million tonnes to the total sales during the same period.

NMDC segments include Iron Ore, and other minerals & services. It is also engaged in the production and sale of diamond, sponge iron and wind power.

The company proposes to diversify into other commodities, such as steel making raw materials; fertiliser raw materials, and thermal coal.

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About Suhani Varma

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