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NMDC skids 7% after protests halt iron ore production at Chhattisgarh unit

Earlier, NMDC had suspended iron ore-mining from its Donimalai mine following the Karnataka government's decision to impose 80 per cent premium on the ore sales from the mine in November 2018.

NMDC under pressure to cut iron ore prices for April
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SI Reporter Mumbai
Shares of NMDC dipped 7 per cent to Rs 100 per share on the BSE on Thursday after the state-owned company halted production at Bailadilla range in Dantewada district of Chhattisgarh due to tribals' protest.

Barring Kumaraswamy Mines in Karnataka, production of iron ore by NMDC came to a standstill across all its iron ore mining facilities, news agency PTI reported. CLICK HERE TO READ FULL REPORT

Earlier, NMDC had suspended iron ore-mining from its Donimalai mine following the Karnataka government's decision to impose 80 per cent premium on the ore sales from the mine in November, 2018,

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