+
 NMDC reports 4.31 mt production of iron ore in Feb 2022
Steel

NMDC reports 4.31 mt production of iron ore in Feb 2022

For February 2022, National Mineral Development Corporation Ltd (NMDC), the country's largest iron ore producer and a Central Public Sector Enterprises (CPSE) under the Ministry of Steel reported production of 4.31 mt and sales of 3.97 mt of iron ore.

This represents an 11.7% increase in production and a 22.2% increase in sales over the CPLY, the highest production and sales figures for any February in the company's history.

For the first 11 months of FY22, up to February 2022, total production and sales were 37.18 mt and 36.57 mt, respectively, representing a 26% increase in production and a 25.5% increase in sales over the same period last year. These are also the best 11 months of physical performance in NMDC's history.

NMDC CMD Shri Sumit Deb congratulated the team on another outstanding performance and said that NMDC continues to be an iron and steel powerhouse, thanks to an outstanding performance this month that can be attributed to all of the company's stakeholders. This excellent performance reaffirms determination to continue on an upward trajectory.

NMDC is India's largest iron ore producer. Since its inception, the corporation has been involved in the exploration of a wide range of minerals in some of the country's most remote locations, including copper, rock phosphate, limestone, magnesite, diamond, tungsten, and beach sands, among others, under the administrative control of the Ministry of Steel.

Image Source

Also read: NMDC iron ore production surges 28% to 33 mt in April-Jan

For February 2022, National Mineral Development Corporation Ltd (NMDC), the country's largest iron ore producer and a Central Public Sector Enterprises (CPSE) under the Ministry of Steel reported production of 4.31 mt and sales of 3.97 mt of iron ore. This represents an 11.7% increase in production and a 22.2% increase in sales over the CPLY, the highest production and sales figures for any February in the company's history. For the first 11 months of FY22, up to February 2022, total production and sales were 37.18 mt and 36.57 mt, respectively, representing a 26% increase in production and a 25.5% increase in sales over the same period last year. These are also the best 11 months of physical performance in NMDC's history. NMDC CMD Shri Sumit Deb congratulated the team on another outstanding performance and said that NMDC continues to be an iron and steel powerhouse, thanks to an outstanding performance this month that can be attributed to all of the company's stakeholders. This excellent performance reaffirms determination to continue on an upward trajectory. NMDC is India's largest iron ore producer. Since its inception, the corporation has been involved in the exploration of a wide range of minerals in some of the country's most remote locations, including copper, rock phosphate, limestone, magnesite, diamond, tungsten, and beach sands, among others, under the administrative control of the Ministry of Steel. Image Source Also read: NMDC iron ore production surges 28% to 33 mt in April-Jan

Next Story
Infrastructure Urban

Continental Expands Assistive ‘OnBoard’ Tech to 100+ BMTC Buses

Continental India, in partnership with the Indian Institute of Technology Delhi, Raised Lines Foundation, and Bangalore Metropolitan Transport Corporation (BMTC), has expanded its smart assistive mobility solution ‘OnBoard’ across more than 100 BMTC buses in Bengaluru. Initially piloted on 25 buses, the solution is now set to be installed in 500 buses by year-end.The expansion was officially announced at the BMTC Central Office during a press conference attended by Shri Ramalinga Reddy, Hon’ble Transport Minister of Karnataka.‘OnBoard’ is a bus-mounted assistive technology designed t..

Next Story
Infrastructure Energy

Himadri PAT Rises 48% in Q1 Amid Global Battery Push

Himadri Speciality Chemical Ltd reported its highest-ever quarterly EBITDA of Rs 234 crore and PAT of Rs 183 crore for Q1 FY26, with profitability up 48% YoY. Revenue stood at Rs 1,100 crore.CMD Anurag Choudhary attributed the gains to operational efficiencies, improved yields, and focus on high-value battery materials. Himadri also revived Birla Tyres with a new brand identity and plans a multi-platform marketing campaign.The firm signed a licensing deal with Australia’s Sicona for SiCx® anode tech, enabling localisation and commercialisation in India. Himadri also invested USD 4.43 millio..

Next Story
Infrastructure Urban

Covestro Develops Fire-Safe Foam for EV Battery Safety

Covestro has introduced Baysafe® BEF, a new flame-retardant polyurethane foam designed to enhance battery safety in EVs and energy storage systems. The foam minimises thermal propagation between cells, reducing fire risk.The launch aligns with China’s GB 38031-2025 battery regulation, effective from July 2026, which sets stringent safety standards. "This innovation represents a significant step toward enabling sustainable mobility through enhanced safety," said Akhil Singhania, Global Head of PU Specialties at Covestro.The foam's lightweight structure and fire resistance meet the needs of g..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?