Daijiworld Media Network - New Delhi

New Delhi, May 5: India's leading public sector miner, NMDC, kicked off FY25 on a strong note with a 15% surge in iron ore production, clocking 4 million tonnes in April compared to 3.48 million tonnes in the same month last year.

Iron ore sales also witnessed a modest uptick, rising 3% year-on-year to 3.63 million tonnes. The company’s top-performing mines—Kirandul, Bacheli, and Donimalai—posted impressive growth in dispatches, with Donimalai recording a remarkable 88% increase.

Commenting on the milestone, NMDC Chairman and Managing Director Amitava Mukherjee said, “Our exceptional April performance reflects our operational strength and reaffirms our goal to become a 100 million tonne mining company by 2030.”

Adding to the momentum, NMDC hit an all-time high in pellet production at 23,000 tonnes, surpassing the previous April record set in 2018.

Meanwhile, NMDC Steel Limited (NSL), recently carved out of the parent company, also delivered a robust performance. It reported an 8.5% month-on-month rise in hot metal output, producing 2,30,111 tonnes in April versus 2,11,978 tonnes in March.

The mining major also set several new records for FY25 so far:

• Total production touched 44.04 million tonnes.
• Sales reached 44.4 million tonnes.
• Q4 FY25 sales climbed to an all-time high of 12.66 million tonnes.

To support this growth trajectory, NMDC has invested heavily in infrastructure, registering a record standalone capital expenditure of ?3,707 crore in FY25.

In Q4 alone, the company produced 13.27 million tonnes, with sales improving both quarter-on-quarter (up 6%) and year-on-year (up from 12.54 million tonnes to 12.66 million tonnes).

A combination of strong domestic demand, limited exports, and rising merchant mining activity has provided a stable market environment for NMDC’s expansion efforts.