NMDC iron ore production up 2.6 % in April-Dec

State-owned Iron ore miner, NMDC Limited, today said that its production of iron ore for the nine months ended December 2013 stood at 20.17 million tonne, as against 17.57 million tonne in the corresponding period of the previous year, registering a growth of 2.60 per cent.

Despatches of iron ore, too, grew 2.96 per cent to touch 21.25 million tonne during the nine-month period of FY14, as compared with 18.29 million tonne during the same period a year ago.

The company has also rolled over the December 2013 prices of iron ore — lumps Rs 4,500 per wet metric tonne (WMT) and fines Rs 2,810 per WMT —to January 2014, NMDC said in a filing to the BSE on Monday.

NMDC’s scrip is currently trading at Rs 138.75 on the BSE, up 0.29%, over the previous close of Rs 139.15 a share.