Thursday, Jun 5 2025 | Time 05:52 Hrs(IST)
Business EconomyPosted at: Jun 3 2025 1:16AM


Hyd: NMDC registers best-ever May month performance in its history

Hyderabad, Jun 2 (UNI) National Mineral Development Corporation (NMDC), India’s largest iron ore producer, has registered its best-ever May month physical performance since the company's inception.
The national miner produced 4.43 MT and sold 4.34 MT of iron ore in the month of May, marking an exceptional growth in both production and sales, the state-owned company said in a release here on Monday.
The cumulative production and sales this fiscal stood at 8.43 MT and 7.94 MT with back-to-back record performances in April and May, including the highest-ever April production and sales figures of 4.00 MT and 3.63 MT.
Commenting on the historic performance, NMDC Chairman and Managing Director Amitava Mukherjee, said "NMDC has recorded its best-ever May month performance in company's history, the exceptional increase in production and in sales reflects our operational excellence and ability to push boundaries, innovate, and thrive in an ever-evolving landscape. With the robust tone set for this financial, we remain focused on accelerating growth, embracing smart technologies and building a sustainable, self-reliant future for the mining sector.”
This milestone aligns with NMDC’s strategic vision to double its annual iron ore production capacity to 100 MT by 2030.
To support this ambitious target, the company is investing heavily in advanced infrastructure, including slurry pipelines, beneficiation plants, and a nationwide network of stockyards, he added.
UNI KNR SS
Tags: #Hyd: NMDC registers best-ever May month performance in its history
More News

Shanti Ekambaram tops wealth list in ranking by Hurun India

04 Jun 2025 | 8:06 PM

Mumbai, June 4 (UNI) Shanti Ekambaram, the deputy managing director of Kotak Mahindra Bank, has topped the list of women professionals in the country, according to the ranking by Hurun India announced on Wednesday.

see more..

AU SFB partners with IFC to integrate climate risk management into core banking strategy

04 Jun 2025 | 7:02 PM

Hyderabad, June 4 (UNI) Marking World Environment Day with a commitment to sustainable finance, AU Small Finance Bank (AU SFB), India’s largest small finance bank, on Wednesday said it has partnered with the International Finance Corporation (IFC) to undertake a comprehensive climate risk advisory program.

see more..

Kottayam Kochi Rubber Market Rates

04 Jun 2025 | 6:23 PM

Kottayam, June 4(UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal:
KOTTAYAM
RSS FOUR: 19800
RSS FIVE : 19400
ISNR TWENTY: 17600
SIXTY PERCENT LATEX: 14370
KOCHI
RSS FOUR : 19800
RSS FIVE : 19400
INTERNATIONAL RATES (BANGKOK)
RSS One : 19174
RSS Two : 19017
RSS Three: 18873
RSS Four : 18795
RSS Five : 18677
KUALALUMPUR
SMR TWENTY : 14293($167.25)
SIXTY PERCENT LATEX : 12463($145.85)
UNI PA RN.

see more..

LTTS signs agreement with Tennant Company

04 Jun 2025 | 6:04 PM

Mumbai, June 4 (UNI) L&T Technology Services said on Wednesday that it has signed strategic agreement with Tennant Company, a world leader in sustainable cleaning solutions.

see more..

Gland Pharma receives USFDA approval for Angiotensin II Acetate Injection

04 Jun 2025 | 5:56 PM

Hyderabad, June 4 (UNI) The city based Gland Pharma on Wednesday announced receiving the approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application for Angiotensin II Acetate Injection 2.5 mg/ML.

see more..