NMDC Ltd, - the State-owned iron ore miner on the 2nd of March, 2021 stated that it has registered growth during the month of February 2021 in terms of production as well as sales performance, compared to the year-ago period.
While the iron ore production for last month grew 19 percent to 3.86 million tonnes as against the
3.24 MT in February 2020, sales in February 2021 rose 12 percent to 3.25 MT as against the 2.91 MT in February 2020.
The Bailadila projects at Chhattisgarh manufactured 3.15 MT in February 2021 as compared to last year’s production of 2.93 MT in the month of February, and registered a growth of 8 percent in production. The total sales of iron ore from Bailadila projects during February 2021 increased by 8 percent at 2.62 MT as against 2.42 MT in February 2020.
Commenting on the performance, Sumit Deb, CMD, NMDC Ltd, said, “These production and sales figures definitely display NMDC’s strong character to bounce back in spite of operational challenges...we foresee a gradual rise in numbers and will continue to set new records.”
Recently, NMDC has restarted operations at Donimalai mines in Karnataka that have the capacity to manufacture a minimum of 0.5 MT of iron ore per month.
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