Did NMDC Achieve a Double-Digit Increase in Iron Ore Production for April?
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Synopsis
NMDC has achieved remarkable growth in iron ore production for April, marking a substantial 15% increase compared to last year. This surge not only underscores their dominance in the mining sector but also sets a strong foundation for their ambitious future targets.
Key Takeaways
- 15% increase in iron ore production for April.
- Sales rose to 3.63 million tonnes.
- Record-setting performance from major mines.
- Pellet production hit an all-time high of 0.23 lakh tonnes.
- Ambitious goal of 100 million tonnes by 2030.
New Delhi, May 5 (NationPress) The state-owned mining giant NMDC has announced a significant 15% increase in its iron ore production for April, reaching 4 million tonnes, up from 3.48 million tonnes during the same month last year.
During April, NMDC sold 3.63 million tonnes of iron ore, marking a 3% rise compared to the 3.53 million tonnes sold in April 2024.
NMDC's chairman and managing director Amitava Mukherjee stated, "Our unprecedented performance in April, along with record despatch figures from our key iron ore mines - Kirandul, Bacheli, and Donimalai, which grew by 12%, 4%, and 88% respectively compared to last year, reinforces our leadership position and establishes a solid groundwork for our ambitious goal of becoming a 100 million tonnes mining company by 2030."
Additionally, the pellet production at the nation's largest iron ore producer reached a historic high of 0.23 lakh tonnes, exceeding the previous record from April 2018.
Separately, NMDC Steel Limited (NSL), which is a spin-off from NMDC, reported an 8.5% month-on-month increase in hot metal production, totaling 230,111 tonnes in April, compared to 211,978 tonnes in March.
In FY 2024-25, NMDC Limited achieved an impressive total production of 44.04 million tonnes and sales of 44.4 million tonnes. The company also recorded its highest Q4 sales at 12.66 million tonnes, marking the best performance since its inception.
To support its expansion initiatives, NMDC reported a record standalone capital expenditure (CAPEX) of Rs 3,707 crores in FY25, emphasizing its commitment to capacity building and infrastructure development.
For Q4 FY25, production was noted at 13.27 million tonnes, with sales showing improvement both sequentially and annually. Compared to Q3 FY25, sales saw a 6% increase, while year-on-year sales rose from 12.54 million tonnes in Q4 FY24 to 12.66 million tonnes.
The growing domestic demand for iron ore, alongside reduced exports and increased merchant mining, has played a crucial role in stabilizing NMDC's position.
Point of View
NMDC's impressive growth in iron ore production reflects its strategic planning and execution in a competitive market. The company’s performance not only strengthens its position within the national mining industry but also contributes positively to the overall economic landscape.
NationPress
26/07/2025
Frequently Asked Questions
What was NMDC's iron ore production in April?
NMDC recorded an iron ore production of 4 million tonnes in April, marking a 15% increase from last year.
How much iron ore did NMDC sell in April?
In April, NMDC sold 3.63 million tonnes of iron ore, which is a 3% increase over the previous year.
What are NMDC's future production targets?
NMDC aims to achieve a production target of 100 million tonnes by the year 2030.
What was the CAPEX for NMDC in FY25?
NMDC registered a record standalone capital expenditure (CAPEX) of Rs 3,707 crores in FY25.
How did NMDC's pellet production perform?
Pellet production reached an all-time high of 0.23 lakh tonnes in April, surpassing the previous record set in 2018.
