NMDC surpasses 30 million tonnes production and sales target for the third year
02 Apr 2019
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State-run miner National Mineral Development Corporation (NMDC), the largest producer of iron ore in the country, has surpassed the 30 million tonnes production and sales target for the year 2018-19, for the third consecutive year.
NMDC produced 32.44 million tonnes of iron ore and sold 32.38 million tonnes of iron ore during FY-19.
This feat has been achieved on the face of a suspension of Donimalai Mine operations for 5 months, no exports up to August 2018, highest rainfall in Bailadila sector and poor offtake in Karnataka in Q1.
During the year, NMDC’s iron ore projects have clocked their best in a single day, monthly and annual production and sales figures. NMDC reported:
- Highest ever monthly dispatches of 37.95 lakh tonne in March 2019 against previous best of 37.20 lakh tonne in January 2017;
- Highest ever single day production of 1.91 lakh tonne (31 March 2019) against previous best of 1.63 lakh tonne (28 March 2019);
- Highest ever single day dispatches of 1.42 lakh tonne (16 March 2019) against previous best of 1.40 lakh tonne (4. March 2018);
- Highest ever exploratory drilling of 16,071 metres in 2018-19 against previous best of 15,065 metres in 2017-18; and
- Second highest production of diamonds (38,033 carats) after reopening of mines in 2009-10.
NMDC chairman and managing director Baijendra Kumar congratulated employees and thanked ministry of steel and the Chhattisgarh government and other stakeholders for their support.
