Multinational mining corporation Rio Tinto has established a new scholarship for mining engineering students at Montana Tech.The $84,000 gift provides tuition
The state-owned miner said its iron ore production increased 23.3% to 3.86 million tonnes (MT) in December 2020 from 3.13 MT in December 2019.The company s iron ore sales climbed 19.08% to 3.62 MT in December 2020 from 3.04 MT in December 2019.
Sequentially, NMDC s production increased nearly 16.27% while sales rose almost 9.7% in December 2020 over November 2020.
Shares of NMDC rose 1.7% to Rs 116.35 on Friday. The announcement was made after market hours on Friday, 1 January 2021.
NMDC is India s single largest iron ore producer, presently producing about 35 million tonnes of iron ore from 3 fully mechanized mines, two located in Chhattisgarh and one in Karnataka. As on 30 September 2020, Government of India held 69.65% stake in the company.