SAIL targets highest ever iron ore production in FY17

Captive ore output in 9 months to Jan up 7%; four mines post 15-25% production growth in Jan alone

Maharatna steel PSU Steel Authority of India Ltd (SAIL) is eyeing an iron ore production target of 19.2 million tonne by the close of this fiscal, its best ever output.

In the April-January period, captive iron ore production at SAIL owned mines touched 16.02 million tonne (mt), marking a growth of 7.1 per cent over the corresponding period of last fiscal. For the month of January alone, iron ore mines of SAIL at Meghahatuburu, Kiriburu, Gua, and Bolani have clocked a growth of 25.7 per cent, 24.7 per cent, 20.6 per cent, and 15.7 per cent respectively in the