NMDC Records 24% Growth In Production During 2021-22

NMDC’s manufacturing rose 24 per cent in 2021-22

Metal Ministry’s entity Nationwide Mineral Improvement Company (NMDC) recorded 24 per cent manufacturing development because it produced  42.19 million tonnes of iron ore in 2021-22, in comparison with 34.15 million tonnes manufacturing recorded final yr.

In 2021-22, NMDC bought 40.56 million tonnes of iron ore, which was 22 per cent greater than 33.25 million tonnes it had bought in 202-21.

In the course of the March quarter of 2021-22, NMDC produced 13.86 million tonnes of iron ore as towards 12.31 million tonnes within the corresponding interval of final yr, which was a development of 13 per cent.

On the similar time, it recorded 11 per cent development in gross sales throughout March quarter because it bought 12.29 million tonnes of iron ore in comparison with 11.09 millon tonnes it had bought in March quarter of 2020-21.

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