NMDC sets new production records in January 2021
State-run NMDC registered a 16.7 per cent increase in iron ore production in January 2021 at 3.86 million tons (MT) as against 3.31 MT in the corresponding month in 2020. Iron ore sales for the month of January 2021 stood at 3.74 MT against the sales level of 2.96 MT in January 2020, thereby registering
State-run NMDC registered a 16.7 per cent increase in iron ore production in January 2021 at 3.86 million tons (MT) as against 3.31 MT in the corresponding month in 2020.
Iron ore sales for the month of January 2021 stood at 3.74 MT against the sales level of 2.96 MT in January 2020, thereby registering a growth of 26.4 per cent.
On cumulative basis, the production and sales as on January 31, 2021 have touched 25.66 MT and 26.01 MT, respectively.
“NMDC is on its way to exceed and maintain its leadership in the industry. We performed remarkably well during the crisis of 2020 and with modern processes being implemented we are confident to do even better. NMDC is the first public sector company to implement SAP S4 HANA making us frontrunners in the digital transformation of the mining industry,” NMDC Chairman and MD Sumit Deb said.
With the encouraging production and sales figures this year, NMDC will exceed the production and sales of the previous year.
The steady performance in 2020-21 despite the problems caused by the COVID-19 pandemic and the continuous improvement in performance showcases our determination and grit,” he added.
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