Indian state-run iron ore miner NMDC Limited will close the current fiscal year 2021-22 on March 31 with production of 42 million mt, its higher-ever annual output, a company statement said on Monday, March 21.
The company said that in the previous fiscal year 2020-21 NMDC had achieved iron ore production of 35 million mt. The growth in production indicates that the company is well positioned to achieve its annual iron ore output target of 100 million mt by 2030.
I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.
01 May | Scrap & Raw Materials