Iron Ore Production

NMDC has registered over 14 per cent growth in its iron ore production at 3.2 million tonnes in May

Steel Ministry's entity NMDC recorded 24 per cent production growth as it produced 42.19 million tonnes of iron ore in 2021-22

State-owned (National Mineral Development Corporation) NMDC on Saturday announced that it had touched a record iron ore production of 40 million tonnes (MT) in this fiscal so far.

NMDC and IIT Kharagpur would develop spectral products, methods and algorithms for exploration using the Drone (UAV) for mining

Country's mineral production went up by 2.6 per cent in December 2021 over the corresponding month of last year

Mineral production index for June 2021 saw a 23 per cent growth compared to the corresponding period of 2020, as it stood at 105.5

NMDC Share Price Today: On Wednesday, NMDC Limited opened on the BSE at Rs 189, swinging to an intra day high of Rs 189.15, and an intra day low of Rs 178.15

Bogged down by macroeconomic situation, state-run miner NMDC is in the process of revising its ambitious target, 'Vision 2025', which envisages the mining capacity to be increased to 75 million tonnes per annum (MTPA) by 2018-19 and 100 MTPA by FY22.

NMDC, India's largest iron ore miner, aims to increase its sales by 21 per cent to 35 million tonnes (MT) in the current fiscal year.

Essar Steel Minnesota has filed for Chapter 11 bankruptcy in a US court after it failed to pay its mining leases, prompting the state's Governor Mark Dayton to cancel them. The project involved iron ore pellet production of 7 million tonne per annum.

India's iron ore prices are unlikely to recover in the near future given the high inventory levels as well as increasing production, credit rating agency Icra said on Thursday.

The day-long nationwide strike called by 10 central trade unions on Wednesday crippled iron ore production of state-owned NMDC by nearly 75,000 tonnes across all its mines, a senior official of the PSU said.

Goa, which is India's top iron ore exporting state, resumed production on Monday after nearly three years and could hit its court-set annual limit of 20 million tonnes this fiscal year itself, its mines director told Reuters.

The country's largest miner for the metal, used in the production of steel, had kept lump ore prices unchanged in January 2015 from December last year at Rs 4,200 per tonne.

The production of the company during 2014-15 touched a record at 30.44 MT as against 30.02 MT in 2013-14.

NMDC has registered over 14 per cent growth in its iron ore production at 3.2 million tonnes in May

Steel Ministry's entity NMDC recorded 24 per cent production growth as it produced 42.19 million tonnes of iron ore in 2021-22

State-owned (National Mineral Development Corporation) NMDC on Saturday announced that it had touched a record iron ore production of 40 million tonnes (MT) in this fiscal so far.

NMDC and IIT Kharagpur would develop spectral products, methods and algorithms for exploration using the Drone (UAV) for mining

Country's mineral production went up by 2.6 per cent in December 2021 over the corresponding month of last year

Mineral production index for June 2021 saw a 23 per cent growth compared to the corresponding period of 2020, as it stood at 105.5

NMDC Share Price Today: On Wednesday, NMDC Limited opened on the BSE at Rs 189, swinging to an intra day high of Rs 189.15, and an intra day low of Rs 178.15

Bogged down by macroeconomic situation, state-run miner NMDC is in the process of revising its ambitious target, 'Vision 2025', which envisages the mining capacity to be increased to 75 million tonnes per annum (MTPA) by 2018-19 and 100 MTPA by FY22.

NMDC, India's largest iron ore miner, aims to increase its sales by 21 per cent to 35 million tonnes (MT) in the current fiscal year.

Essar Steel Minnesota has filed for Chapter 11 bankruptcy in a US court after it failed to pay its mining leases, prompting the state's Governor Mark Dayton to cancel them. The project involved iron ore pellet production of 7 million tonne per annum.

India's iron ore prices are unlikely to recover in the near future given the high inventory levels as well as increasing production, credit rating agency Icra said on Thursday.

The day-long nationwide strike called by 10 central trade unions on Wednesday crippled iron ore production of state-owned NMDC by nearly 75,000 tonnes across all its mines, a senior official of the PSU said.

Goa, which is India's top iron ore exporting state, resumed production on Monday after nearly three years and could hit its court-set annual limit of 20 million tonnes this fiscal year itself, its mines director told Reuters.

The country's largest miner for the metal, used in the production of steel, had kept lump ore prices unchanged in January 2015 from December last year at Rs 4,200 per tonne.

The production of the company during 2014-15 touched a record at 30.44 MT as against 30.02 MT in 2013-14.