11
Nov
17:21
NMDC posts improved performance in fiscal first-half
Indian iron ore major NMDC saw all operational indicators improve year-on-year in the first half of its 2020 fiscal year. In a presentation monitored by Kallanish, the miner says that production sales and average realised price all increased compared to the prior-year period.
Iron ore production grew by 10% on-year to 13,433,000 tons (sic), NMDC confirms. Iron ore sales volumes meanwhile also rose by 7% y-o-y to 14,485,000 tons. The company provides no split bet…
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