+
 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

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code