Wednesday, August 20, 2025

Creating liberating content

Related News

China’s exports of rare earth magnets bounced back strongly in July, climbing to a six-month high and signalling that trade flows of the critical minerals essential for electric vehicles have

The festive season in India always brings a surge in train ticket demand, as migrant workers head home for Durga Puja, Dussehra, Diwali and Chhath.The change, effective November 1, 2024,

NEW DELHI: Chandigarh Police’s Cyber Crime unit arrested a 34-year-old man from Mumbai for allegedly defrauding a city resident of Rs1.3 crore through an elaborate WhatsApp impersonation scam. The accused,

India-China trade tensions easing (AI-image) China’s decision to relax export controls on fertilisers, rare earths, and tunnel-boring machines to India represents a positive development, yet India must prioritise self-sufficiency to

Bitcoin value slides (AI image) Bitcoin declined towards $113,000 on Wednesday following its peak of $124,000 last week, whilst Ethereum remained around $4,100, indicating market uncertainty, as per analysts, quoted

MUMBAI: The government’s planned GST overhaul has drawn mixed assessments from HSBC, S&P and SBI, with estimates of a potential revenue gap ranging from Rs 60,000 crore to Rs 1.43

Trending News

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

Iron ore output soars 15% for NMDC in April, pellet production sets new record

Word Count: 553 | Estimated Reading Time: 3 minutes


Iron ore output soars 15% for NMDC in April, pellet production sets new record

State-run mining major NMDC has recorded a 15 per cent increase in iron ore production and a 3 per cent rise in sales for the month of April. In a statement issued on Sunday, the company said it produced 4 million tonnes (MnT) of iron ore during April, up from 3.48 MnT in the same month last year.
Sales for April stood at 3.63 MnT, compared to 3.53 MnT in April 2024, reflecting a growth of 3 per cent.
Commenting on the performance, NMDC Chairman and Managing Director Amitava Mukherjee said, “Our record-breaking April performance, coupled with best-ever despatch figures from our major iron ore mines — Kirandul, Bacheli, and Donimalai — with a growth of 12 per cent, 4 per cent and 88 per cent, respectively over CPLY solidifies our leadership position and sets a strong foundation for achieving our ambitious target of becoming 100 MT mining company by 2030.”
The company also reported its highest-ever April pellet production at 0.23 lakh tonnes, surpassing the previous record set in 2018.
NMDC, which functions under the Ministry of Mines, remains India’s largest producer of iron ore.
Meanwhile, NMDC Steel Limited (NSL), the demerged steel arm of NMDC, registered an 8.5 per cent month-on-month increase in hot metal output, producing 2,30,111 tonnes in April as against 2,11,978 tonnes in March.
NSL operates the 3-million tonne Nagar Steel Plant in Chhattisgarh, established at a cost of Rs 24,000 crore. It is considered the youngest steel plant in India.





Source link

Sign In

Welcome ! Log into Your Account