India’s leading iron ore miner NMDC has reported 8% YoY surge in iron ore production & sales in November 2022 signaling demand revival -------------------------------November 22 ProductionChhattisgarh - 2.57 million tonnes, flat YoYKarnataka - 1.04 million tonnes, up 33% YoYTotal - 3.61 million tonnes, up 8% YoY ------------------------November 22 SalesChhattisgarh - 2.57 million tonnes, flat YoYKarnataka - 1.04 million tonnes, up 33% YoYTotal - 3.61 million tonnes, up 8% YoY -----------------------------------------April- November 2022 ProductionChhattisgarh - 16.4 million tonnes, down 2% YoYKarnataka - 6.92 million tonnes, down 10% YoYTotal - 23.32 million tonnes, down 4% YoY ----------------------------------April- November 2022 SalesChhattisgarh - 15.93 million tonnes, down 12% YoYKarnataka - 6.56 million tonnes, down 5% YoYTotal - 22.49 million tonnes, down 10% YoY Similarly, state-owned manganese ore miner MOIL produced 120,000 tonne of manganese ore in November, registering a growth of 60% over October. On the sales front, MOIL has recorded a growth of 82% during November over the previous month
India’s leading iron ore miner NMDC has reported 8% YoY surge in iron ore production & sales in November 2022 signaling demand revival -------------------------------November 22 ProductionChhattisgarh - 2.57 million tonnes, flat YoYKarnataka - 1.04 million tonnes, up 33% YoYTotal - 3.61 million tonnes, up 8% YoY ------------------------November 22 SalesChhattisgarh - 2.57 million tonnes, flat YoYKarnataka - 1.04 million tonnes, up 33% YoYTotal - 3.61 million tonnes, up 8% YoY -----------------------------------------April- November 2022 ProductionChhattisgarh - 16.4 million tonnes, down 2% YoYKarnataka - 6.92 million tonnes, down 10% YoYTotal - 23.32 million tonnes, down 4% YoY ----------------------------------April- November 2022 SalesChhattisgarh - 15.93 million tonnes, down 12% YoYKarnataka - 6.56 million tonnes, down 5% YoYTotal - 22.49 million tonnes, down 10% YoY Similarly, state-owned manganese ore miner MOIL produced 120,000 tonne of manganese ore in November, registering a growth of 60% over October. On the sales front, MOIL has recorded a growth of 82% during November over the previous month
