NMDC’s iron ore production and sales grow in November 2024

NMDC Limited reported its iron ore production and sales data for November 2024, showing robust monthly growth while maintaining steady cumulative figures for the financial year.

Monthly Highlights (November 2024):

Advertisement

  • Chhattisgarh: Production surged to 3.27 million tonnes (MT) compared to 2.68 MT in November 2023, while sales improved to 2.90 MT from 2.80 MT.
  • Karnataka: Production increased slightly to 1.24 MT from 1.15 MT, and sales grew to 1.10 MT from 0.99 MT.

Cumulative Highlights (April-November 2024):

  • Chhattisgarh: Cumulative production stood at 17.13 MT, slightly below 18.26 MT from the same period last year, while sales rose to 19.66 MT from 19.04 MT.
  • Karnataka: Cumulative production reached 8.93 MT compared to 9.05 MT last year, while sales slightly declined to 8.18 MT from 8.74 MT.

Overall Performance:

  • Total production for November 2024 rose to 4.51 MT, a significant increase from 3.83 MT in November 2023.
  • Cumulative production from April to November reached 26.06 MT, compared to 27.31 MT in the same period last year.
  • Total sales for November stood at 4.00 MT, with cumulative sales reaching 27.84 MT, marginally higher than 27.78 MT last year.

These figures highlight NMDC’s continued operational strength and focus on maintaining steady production and sales across key regions.