Indian government-run miner NMDC Limited achieved iron ore production of 4.07 million mt in October this year, up 3.83 percent year on year, according to a company statement issued on Tuesday, November 5.
The company reported total sales during the month at 4.03 million mt, a rise of 17.15 percent year on year.
NMDC has also clarified that market speculation on a merger of the company with government-run pellet producer KIOCL Limited was unwarranted and that no discussions were even held on such a move.