India's state owned iron ore producer NMDC’s iron ore production dropped by 33% YoY to 2.05 million tonnes in July 2022 and sales declined 10% YoY to 2.95 million tonnes as weak demand prompted Indian steel makers to slow production. Iron Ore Production – July 2022Chhattisgarh - 1.12 million tonnes, down 46% YoYKarnataka - 0.93 million tonnes, down 5% YoY Iron Ore Sales– July 2022Chhattisgarh - 1.38 million tonnes, down 40% YoYKarnataka - 1.57 million tonnes, up 60% YoY Iron Ore Production – April-July 2022Chhattisgarh - 7.98 million tonnes, flat YoYKarnataka - 2.99 million tonnes, down 24% YoYTotal - 10.97 million tonnes, down 8% YoY Iron Ore Sales– April-July 2022Chhattisgarh - 7.58 million tonnes, down 18% YoYKarnataka - 3.04 million tonnes, down 16% YoYTotal - 10.62 million tonnes, down 17% YoY NMDC aims to produce 46-47 million tonnes in 2022-23 as compared to 42 million tonne in 2021-22 NMDC is India's single largest iron ore producer. NMDC is operating four Iron Ore mechanized mines Bailadila Iron Ore Mines Kirandul Complex Dep-14, 14 NMZ, 11B & 11C, Bailadila Iron Ore Mine Bacheli Complex Dep-5,10 & 11A in the Chhattisgarh State, Donimalai Iron Ore Mine and Kumaraswamy Iron Ore Mine in the Karnataka State. Other than Iron Ore, NMDC is the only organized producer of diamond in India from its Majhgawan mine at Panna in Madhya Pradesh.
India's state owned iron ore producer NMDC’s iron ore production dropped by 33% YoY to 2.05 million tonnes in July 2022 and sales declined 10% YoY to 2.95 million tonnes as weak demand prompted Indian steel makers to slow production. Iron Ore Production – July 2022Chhattisgarh - 1.12 million tonnes, down 46% YoYKarnataka - 0.93 million tonnes, down 5% YoY Iron Ore Sales– July 2022Chhattisgarh - 1.38 million tonnes, down 40% YoYKarnataka - 1.57 million tonnes, up 60% YoY Iron Ore Production – April-July 2022Chhattisgarh - 7.98 million tonnes, flat YoYKarnataka - 2.99 million tonnes, down 24% YoYTotal - 10.97 million tonnes, down 8% YoY Iron Ore Sales– April-July 2022Chhattisgarh - 7.58 million tonnes, down 18% YoYKarnataka - 3.04 million tonnes, down 16% YoYTotal - 10.62 million tonnes, down 17% YoY NMDC aims to produce 46-47 million tonnes in 2022-23 as compared to 42 million tonne in 2021-22 NMDC is India's single largest iron ore producer. NMDC is operating four Iron Ore mechanized mines Bailadila Iron Ore Mines Kirandul Complex Dep-14, 14 NMZ, 11B & 11C, Bailadila Iron Ore Mine Bacheli Complex Dep-5,10 & 11A in the Chhattisgarh State, Donimalai Iron Ore Mine and Kumaraswamy Iron Ore Mine in the Karnataka State. Other than Iron Ore, NMDC is the only organized producer of diamond in India from its Majhgawan mine at Panna in Madhya Pradesh.
