India’s NMDC to boost iron-ore production

Indian iron-ore miner NMDC will increase its production by 14% to 35-million tons during current financial year, in line with a target of producing 50-million tons a year by 2018, a company official has said. The higher production target for merchant sales is significant, as the miner also has to earmark production for its three-million-ton-a-year steel plant currently under construction, the official added.