VERIFIEDET Finance·6 Sept 2026neutral

NMDC to start commercial coal production next quarter; eyes 1 MT dry fuel sale in FY27: Chairman

AI Summary

·NMDC will commence commercial thermal coal production at its Tokisud North mine in Jharkhand in the October-December quarter.
·The company aims to sell up to 1 million tonnes of coal in FY27.
·NMDC plans to develop a coking coal mine and expects 20% of its revenue from non-iron ore minerals by 2030.