SynopsisIn August 2023, NMDC, a prominent mining company, achieved remarkable success by producing 3.41 million metric tons and selling 3.54 million metric tons of iron ore. These figures represent a substantial 38% growth in production and a 25% increase in sales compared to the previous year. With these accomplishments, NMDC's cumulative production for the fiscal year reached 16.56 million metric tons, marking a 23% growth, and sales hit 17.43 million metric tons, a 30% riseArticleIn a noteworthy achievement, NMDC, a Navratna Miner operating under the Ministry of Steel, has set new records in August 2023. The company produced an impressive 3.41 million metric tons of iron ore and sold 3.54 million metric tons s during this month. This remarkable performance represents a substantial 38% increase in production and a 25% rise in sales compared to the same period in the previous year.These outstanding figures have propelled NMDC's cumulative production for the fiscal year to 16.56 million metric tons s, reflecting a substantial 23% growth. Sales have also seen a significant boost, reaching a total of 17.43 million metric tons, marking a substantial 30% increase over the previous year.Mr. Amitava Mukherjee, CMD (Additional Charge) of NMDC, expressed his pride in this extraordinary achievement. He commented, "These are our best-ever August and cumulative results, a testament to our relentless pursuit of 50 million metric tons production this fiscal year."Furthermore, he congratulated his dedicated team for their role in this record-breaking performance. He emphasized the pivotal role that NMDC plays in fostering self-reliance in the country by consistently supplying high volumes of high-grade iron ore. Mukherjee highlighted that this performance reflects NMDC's aspirations to evolve into a global, sustainable, technology-driven company with an enhanced production capacity, committed to setting new industry benchmarks.ConclusionNMDC's outstanding performance in August 2023 is a testament to its dedication to excellence and its vital role in India's self-reliance journey.
SynopsisIn August 2023, NMDC, a prominent mining company, achieved remarkable success by producing 3.41 million metric tons and selling 3.54 million metric tons of iron ore. These figures represent a substantial 38% growth in production and a 25% increase in sales compared to the previous year. With these accomplishments, NMDC's cumulative production for the fiscal year reached 16.56 million metric tons, marking a 23% growth, and sales hit 17.43 million metric tons, a 30% riseArticleIn a noteworthy achievement, NMDC, a Navratna Miner operating under the Ministry of Steel, has set new records in August 2023. The company produced an impressive 3.41 million metric tons of iron ore and sold 3.54 million metric tons s during this month. This remarkable performance represents a substantial 38% increase in production and a 25% rise in sales compared to the same period in the previous year.These outstanding figures have propelled NMDC's cumulative production for the fiscal year to 16.56 million metric tons s, reflecting a substantial 23% growth. Sales have also seen a significant boost, reaching a total of 17.43 million metric tons, marking a substantial 30% increase over the previous year.Mr. Amitava Mukherjee, CMD (Additional Charge) of NMDC, expressed his pride in this extraordinary achievement. He commented, "These are our best-ever August and cumulative results, a testament to our relentless pursuit of 50 million metric tons production this fiscal year."Furthermore, he congratulated his dedicated team for their role in this record-breaking performance. He emphasized the pivotal role that NMDC plays in fostering self-reliance in the country by consistently supplying high volumes of high-grade iron ore. Mukherjee highlighted that this performance reflects NMDC's aspirations to evolve into a global, sustainable, technology-driven company with an enhanced production capacity, committed to setting new industry benchmarks.ConclusionNMDC's outstanding performance in August 2023 is a testament to its dedication to excellence and its vital role in India's self-reliance journey.
