NMDC Reports 16% Jump in February Iron Ore Production and Sales

• NMDC recorded a 16% year-on-year increase in iron ore production and sales for February.
• Production reached 5.35 million tonnes (MT) and sales hit 4.60 MT in February.
• Cumulative production for the financial year up to February stood at 47.79 MT, with sales at 44.34 MT.
• Growth was fueled by increased output from operations in Chhattisgarh and Karnataka.
• The company recently reported a 16% revenue growth in the December quarter and established a new arm for critical mineral exploration.