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NMDC rises after decent production, offtake in March

Shares of NMDC rose 0.61% to Rs 139.25 after the state-owned miner s iron ore sales climbed 51.11% to 4.08 million tonnes (MT) in March 2021 from 2.70 MT in March 2020.NMDC s iron ore production jumped 65.57% to 4.57 million tonnes (MT) in March 2021 from 2.76 MT in March 2020.
Sequentially, NMDC s production rose 18.39% while sales rose 25.54% in March 2021 over February 2021.
Meanwhile, the PSU mining company on Saturday announced an increase in lump ore prices by Rs 500, or 9.35%, to Rs 5,850 per tonne on 3 April 2021 from Rs 5,350 per tonne set on 21 March 2021.
Prices of fines were hiked by Rs 250, or 5.8%, to Rs 4560 per tonne on 3 April 2021 from Rs 4,310 per tonne set on 21 March 2021. ....

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NMDC production up 8%, sales rise 6% in FY21 - The Hindu BusinessLine

NMDC production up 8%, sales rise 6% in FY21
April 01, 2021
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The State-owned iron ore mining company, NMDC has seen its ore production going up by 8 per cent to 34.11 million tonnes during 2020-21 (FY 2021) up from 31.49 mt last fiscal and its iron ore sales was up 6 per cent at 33.27 mt as against 31.51 mt.
The increase in production of iron ore and sales is significant in the backdrop of the first quarter ended June 2020 being adversely impacted by Covid pandemic lockdown.
The mining company’s quarterly production and sales of 12.31 mt and 11.11 mt in Q4 are the highest ever since inception and are more by 2.84 mt (30 per cent) and 2.49 (29 per cent) over previous year. ....

Sumit Deb , Bacheli Complex , Iron Ore , Covid 19 , சுமிட் டெப் , பச்சேலி சிக்கலான , இரும்பு ஒரே , சர்வதேச பரவல் ,

NMDC iron ore sales rose 6% in FY21

NMDC iron ore sales rose 6% in FY21
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Mining major NMDC Ltd has posted a 5.58% increase in iron ore sales at 33.27 million tonnes in 2020-21 compared to the 31.51 MT in the previous fiscal.
The higher sales came on the back of iron ore output of the public sector enterprise increasing by 8.32% to 34.11 MT (31.49 MT). CMD Sumit Deb said “it has been a year of challenges for everyone. Inspite of these situations, team NMDC has been able to excel on all fronts, including fight against COVID, enhance production and sales and also take care of its community.” ....

Sumit Deb , Bailadila Projects , சுமிட் டெப் , பைலாடிலா ப்ராஜெக்ட்ஸ் ,

Stock Market Live Updates: Sensex up 380 pts higher, Nifty at 15,280; L&T, Bajaj Finance, ONGC lead gains

Stock Market News Update Today: Sensex and Nifty are set to open higher on Friday, tracking firm global cues and strong trading at Nifty futures on the Singapore Exchange ....

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Australian High Commissioner Barry O'Farrell Calls On Mining Giant NMDC To Explore Mutual Cooperation And Investment Opportunities

Australian High Commissioner Barry OâFarrell (Source: Twitter)
Australian High Commissioner to India Barry O Farrell AO recently led a delegation and visited the Government of India-owned National Mineral Development Corporation (NMDC) to meet with the mining sector behemoth s chairman and managing director Sumit Deb, reports
Hindu Businessline.
The Australian delegation included Sarah Kirlew, Australia s Consul General (South India), and Percy Bell, Australia s Minister-Counsellor (Economic) among others. The delegation took over discussions on how Australia could be of NMDCâs interest in critical and strategic mining activities. The delegation and NMDC also engaged and dwelled upon mutual cooperation and investment opportunities in mining in Australia. ....

Percy Bell , Sarah Kirlew , Sumit Deb , Legacy Iron Ore Ltd , Government Of National Mineral Development Corporation , Australian High Commissioner , India Barryo Farrell , Consul General , South India , India Australia Relations , Barryo X27 Farrell , National Mineral Development Corporation , பெர்சி மணி , சுமிட் டெப் , மரபு இரும்பு ஒரே லிமிடெட் , அரசு ஆஃப் தேசிய தாது வளர்ச்சி நிறுவனம் , ஆஸ்திரேலிய உயர் ஆணையர் , தூதர் ஜநரல் , தெற்கு இந்தியா , இந்தியா ஆஸ்திரேலியா உறவுகள் , தேசிய தாது வளர்ச்சி நிறுவனம் ,