10
Apr
13:24
Odisha Mining Corporation posts rise in annual production
Odisha Mining Corporation (OMC) iron ore production grew 17% on-year to 29.7 million tonnes in the fiscal year ended 31 March 2023 against 25.31mt produced a year ago, OMC says in a press release.
OMC clocked total ore production of 33.76mt in FY23, including 29.68mt of iron ore, 3mt of bauxite, and 1.08mt of chrome ore, up 14.9% on-year versus FY22, Kallanish notes.
The miner’s iron ore sales increased 3.1% to 28.6mt against 23.8mt produced last year. OMS&…
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Very good overview of the weekly steel market.
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