December performance helps NMDC

December performance helps NMDC end the year on a good note

NMDC, the country's largest Iron Ore producer, and a Navratna Company, continued the impressive performance run in the month of December 2020 also. This is the 5^th month in 2020, when production and sales showed an uptick when compared to the CPLY.

Iron ore production for the month of December 2020 is 3.86 MT (Million Tonnes) against the production level of 3.13 MT in December 2019, thereby registering a growth of 23.3%.

Iron ore production in Q3 of FY20 is 9.61 MT against the production of 8.56 MT in Q3 of FY19, thereby registering a growth of 12.3% (CPLY).

Iron ore sales for the month of December 2020 is 3.62 MT against the sales level of 3.04 MT in December 2019, thereby registering a growth of 19.1%.

Iron ore sales in Q3 of FY20 is 9.44 MT against the sales in Q3 of FY19 is 8.44, thereby registering a growth of 11.8% (CPLY).

NMDC is steadily improving its performance every month and continues to enhance the production level month on month. The performance of the last few months and December showcases production and sales will exceed last year’s performance, despite the adverse circumstances of 2020. The performance proves NMDC’s ability to battle any challenge and maintain its leadership position in the industry.

Shri Sumit Deb, CMD, NMDC commented “The steady growth in performance has helped us end the year on a good note. We are on our way to better the cumulative figures both physical and financial parameters of the previous year. Indian steel industry revival needs support to tide over the crisis and we are doing our best to cater to it. Team NMDC has always kept the nation’s interest in mind, and we hope to continue this excellent performance in the new year.”

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NMDC bags CSR Excellence Awards

 NMDC bags CSR Excellence Awards

 

The country’s largest Iron-ore producing Navratna Company, NMDC conferred with two coveted awards for its excellence in unique CSR initiatives at Apex India CSR Excellence Awards - 2019.  

NMDC’s Bacheli Iron Ore Mining Complex (BIOM) bagged Platinum Award in CSR EXCELLENCE category and Gold Award for its Education City in CSR PROJECT OF THE DECADE category at Apex India CSR Excellence Awards - 2019.  These awards are conferred to NMDC BIOM Bacheli Complex in recognition of its unique CSR initiatives that have been taken to uplift the tribal community, provide opportunities for local tribal youth and women to gain meaningful employment and for livelihood generation in Bastar region of Chhattisgarh. 

 

NMDC has established an Education City partnered with the Govt. of Chhattisgarh at Geedam, Dantewada District with institutions ranging from primary school to professional institutions like polytechnics in a single campus. The Education City includes Aastha Gurukul - a residential school with the capacity of 1200 students and Saksham - a 100% specially-abled friendly residential school. This opportunity for education is being provided to students of insurgency-affected areas and to the local tribal children.

Speaking on the occasion, Shri Sumit Deb, CMD, NMDC said, “We are delighted to receive the Platinum Award and Gold Award in CSR category from Apex India for implementing remarkable CSR initiatives in Bastar, Chhattisgarh. NMDC’s efforts towards the development of the community has always been appreciated by various institutions and the government. We are committed to the development of Chhattisgarh and its people with our CSR efforts and will continue to progress in that direction.”

NMDC undertakes activities under its CSR Program in the focus areas of Education, Health & Hygiene, Drinking Water, Rural Development, Skill Development, and Sports. For the socio-economic development of the regions where the company has its operations, NMDC has a unique and widely acclaimed consultative mechanism spanning nearly the whole spectrum of stakeholders’ rights from village/community level to district level extending up to the State Government level.

The awards will be presented during the Awards Ceremony that will be held by APEX India Foundation.