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NMDC iron ore sales up by 29% in Q2 2019

Jul. 5, 2019 - Despite disruptions in production at Chhattisgarh mines, iron ore major NMDC Ltd reported a 29% on year rise in its Apr-Jun iron ore sales at 8.7 million tonne. The sales were, however, down 15% on quarter. 

The company's iron ore production for Apr-Jun was at 8.46 million tonne, up 23% on year. It faced trouble at its Bailadila mine site for three days as local tribals stalled the production activity in June. The company official said the production loss due to locals agitation may be at around 70,000 tonne per day.

For June, NMDC iron ore sales rose 18.6% on year to 2.7 million tonne, while production stood at 2.5 million tonne, up 7.7%. The company's iron ore sales in Jan-Mar were 10.3 million tonne.
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NMDC iron ore output at 4.5 MT in 2 months of FY19   2018-06-13

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