Business Standard

SAIL raw material division logs record iron ore output, despatches volumes

SAIL ascribed the healthy growth in production and despatch numbers to a string of systemic changes

SAIL
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A man stands next to an advertisement of Steel Authority of India Ltd. (SAIL) at a street in New Delhi, India. Photo: Reuters

BS Reporter Bhubaneswar
The raw material division (RMD) of Steel Authority of India Ltd (SAIL) has logged record growth in iron ore production and despatch volumes in the April-June quarter of this fiscal.

The captive iron ore deposits under RMD's control produced 5.19 million tonnes of iron ore, growing 15.4 per cent year-on-year (y-o-y) growth. Despatches of ore too rose 16.7 per cent in the June quarter to 5.11 million tonnes. The maharatna PSU's RMD oversees operations of iron ore mines- Kiriburu, Meghahatuburu, Gua, Chiria in Jharkhand, and Bolani, Barsua, Taldih, Kalta in Odisha. The mines have also achieved the best ever monthly

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