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NMDC’s first-half iron ore production grows 5.31%

State-owned NMDC on Thursday said that its iron ore production for the half-year ended 30 September, has gone up by 5.31 per cent to 12.89 million tonnes.

The PSU produced 12.24 million tonnes (MT) during the corresponding period last year.According to a filing with bourses, NMDC said that its overall ore sale has registered a growth of 8.09 per cent during the first half of the fiscal to 13.75 MT against 12.72 MT during April-September of 2012-13.

While sale from Karnataka mine has gone up by 13.33 per cent to 4.42 MT during the period under review, Chhattisgarh registered 5.78 per cent growth to 9.33 MT, the miner said.

Similarly, production of ore from Karnataka has shown 9.90 per cent growth at 4.44 MT, while the same from Chhattisgarh was at 8.45 MT registering a 3.05 per cent growth during the first-half of last fiscal, it added.

The miner also said that its Board of Directors would meet on 24 October to announce the Un-Audited Financial Results of the Company for the quarter ended 30 September, 2013 (Q2).
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