State-owned miner NMDC reported a sharp increase in iron ore production in July 2026, while sales remained broadly stable compared with the same month last year.
Iron ore production increased 31pct YoY to 4.06 mln tons in July from 3.09 mln tons a year earlier. Sales totaled 3.40 mln tons, slightly lower than 3.46 mln tons in July 2025.
During April-July 2026, the first four months of the 2026-27 financial year, NMDC’s cumulative iron ore production increased 27pct YoY to 19.16 mln tons from 15.09 mln tons. Sales, however, edged up only 1pct to 15.15 mln tons from 14.98 mln tons in the corresponding period last year.
NMDC is a major iron ore producer in India, operating the Bailadila mines, known for high-grade ore with up to 65.5pct Fe content. In Karnataka, the company runs the Donimalai and Kumaraswamy mines in the Bellary-Hospet region. The miner aims to expand its iron ore capacity to 100 mln tons per annum by FY31.