National Mineral Development Corporation (NMDC).
| Photo Credit: Special Arrangement
State-owned NMDC reported iron ore production rose nearly 15% in April at 4 million tonnes from the 3.48 MT a year earlier.
Sales for the month increased almost 3% to 3.63 MT (3.53 MT), the company said in a filing on Friday.
In March, amid protest by workers over wages for about two weeks, NMDC had reported an almost 27% decline in the production of the key raw material for steel at 3.55 MT (4.86 MT). Sales, however, were higher by more than 6% at 4.21 MT (3.96 MT).
In FY25, iron ore production of the company declined more than 2% to 44.04 MT (45.2 MT) and sales marginally lower at 44.40 MT (44.48 MT).
The April month volumes are the highest thus far, since inception, NMDC said in a release.
“Our record-breaking April performance, coupled with best — ever despatch figures from our major iron ore mines – Kirandul, Bacheli and Donimalai with a [YoY] growth of 12%, 4% and 88% respectively solidifies our leadership position. It sets a strong foundation for achieving our ambitious target of becoming 100 million tonne mining company by 2030,” CMD Amitava Mukherjee said.
In April, NMDC said achieved its highest-ever monthly despatch, marking a 23% increase YoY. The Bacheli Complex recorded its best-ever road despatch at 2.22 lakh tonnes (LT), which is 25% higher. The company’s pellet production touched an all-time high of 0.23 lakh tonnes, surpassing the previous April record set in 2018.
The company said it remains dedicated to securing raw materials and meeting India’s rising steel demand.
Published – May 03, 2025 09:02 am IST
