India's state-owned miner National Mineral Development Corporation (NMDC) has announced that in the full financial year of 2017-18 (ended March 31) it produced 35.50 million mt of iron ore, increasing by 4.3 percent compared to the previous financial year. The company's iron ore sales in the given period rose by 1.2 percent year on year to 36.07 million mt.
During the given year, NMDC's iron ore output from its Karnataka mines amounted to 12 million mt, remaining stable, while the iron ore output from its Chhattisgarh mines increased by 6.6 percent to 23.50 million mt, both year on year.