*NMDC: Pricing its valuations* Known to be one of the lowest cost producers of iron ore with an estimated cost of around nine per cent a tonne, NMDC is slated to increase its production capacity from 30 million tonnes to around 50 million tonnes in 2013-2014. It already has reserves of up to 1.5 billion tonnes with ferrous (Fe) content of around 65 per cent, which is favoured by steel makers. The company has iron ore with high Fe content and has been able to maintain operating profit margins of around 77 per cent — way higher than the peers at 26 per cent (Rio Tinto) and 36 per cent (BHP Billiton), both of which are large mining companies. http://www.business-standard.com/india/news/nmdc-pricing-its-valuations/17/52/400819/
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