NMDC produces 2.19 mn tonne iron ore in July

Hyderabad: NMDC Limited produced 2.19 million tonnes and sold 2.57 million tonnes of iron ore in July.

During this period, despite the current uncertain situation due to COVID-19, NMDC has been able to achieve excellent physical performance through its continual push towards higher volumes which saw production of 2.19 MT and sales 2.57 MT that grew by 13 per cent and 7 per cent over the corresponding period last year, respectively.

Sumit Deb, Chairman-cum-Managing Director of NMDC said, "The last few months have been quite challenging for the entire industry due to the COVID-19 pandemic situation impacting the performance of all major producers.

However this challenge was treated as an opportunity by us to accelerate our efforts towards stabilizing the production and continuously

improving our production processes. Going forward NMDC will strive to maximize cost efficiencies to improve its

bottom-line."