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NMDC explores critical minerals acquisition overseasIndian state-owned miner NMDC on Tuesday said it is exploring acquisition opportunities for critical minerals in Africa, Australia and Sout...- NMDC exploring mining opportunities for critical minerals overseasNMDC, India's largest iron ore miner, is exploring mining opportunities for critical minerals like lithium in Australia. The company aims t...
- NMDC in talks with Australia's Hancock for lithium miningIndian iron ore miner NMDC Ltd is in talks with Australia's Hancock Prospecting Pty Ltd for lithium exploration and mining. Separately, NMD...
- ‘NMDC plans to increase iron ore output by more than 21% this fiscal’NMDC’s output in the March quarter, at 14. 29 million tonnes, was its highest for a quarter. For FY24, the company expects output to be uni...
- India's NMDC explores lithium reserves for mining in AustraliaNMDC is the majority owner of a mine located in Mt Bevan in Australia, a second NMDC official, who is not authorised to speak to media, sai...
- NMDC gets Australia Board clearance for investment in Legacy IronFIRB of Australia has given a green signal to NMDC Limited to participate in a rights issue launched by Legacy Iron Ore Limited.
- In its second overseas deal, iron ore miner NMDC eyes asset in BrazilState-owned mining firm made its first overseas acquisition last year when it bought 50% stake in Legacy Iron Ore mines in Australia.
- NMDC to buy majority stake in Brazilian company AmplusThe deal involves an investment of $150 mn for development, however, NMDC will initially invest $10-15 mn to acquire 26% holding & buy upto...
- NMDC may seek 2-3 month extension of pact with MinemakersNMDC is likely to seek extension of its exclusivity agreement with Australia's Minemakers.
- NMDC eyes more overseas acquisitions of mineral assetsNMDC recently completed the acquisition of 50 per cent equity in Legacy Iron Ore Ltd and inducted three Directors on Legacy board, with Nan...
- NMDC eyes four more overseas buys each in Russia, Brazil, Mozambique and AustraliaNMDC, which has acquired a 50% stake in the Australian iron ore firm Legacy Iron Ore recently, is set to acquire four more overseas mines.
- NMDC looking to acquire mineral assets in Australia, says Legacy IronState-owned NMDC is actively looking to acquire mineral assets, such as iron ore, coal and phosphate, in Australia, according to Legacy Iro...
- NMDC-Minemakers deal likely by mid-February for an undisclosed sumNMDC is likely to sign a deal by mid-February to acquire 50 per cent stake in Wonarah phosphate deposits of Australia's Minemakers.
- NMDC gets Australian board's nod for 50% stake on LegacyLegacy will hold an extraordinary general meeting on December 16 to seek shareholders' approval for NMDC's proposed stake acquisition.
- NMDC to bid for Russia's Vincy Coal in 2-3 daysBid for Vincy Coal, which is estimated to have coking coal reserves of 70-100 million tonnes, will be submitted by Nov 1 by NMDC, source sa...
- NMDC buys 50% in Australia's Legacy Iron Ore for Rs 92 croreState-run NMDC Ltd will buy 50% stake in Australia's Legacy Iron Ore for Rs 92 crore, marking the navratna company’s first overseas foray.
- NMDC to develop Phosphate mine in Northern Australia with Australia's MinemakersState-run NMDC along with Australia's Minemakers Ltd, will jointly explore options to develop phosphate deposits in Wonarah in northern Aus...
- NMDC to buy up to 50% stake in Australian miner Legacy Iron OreNMDC signed an agreement to acquire up to 50% stake in Australian mineral exploration company. Proposal is in early stages and cost of acqu...
- NMDC keen on 10 per cent equity in Australian mining firmNMDC is keen on picking up 10% equity in Australian mining firm Riversdale Mining, in which Tata Steel also has 19.38% stakeholding.
- NMDC says iron ore prices could rise 50 pc by AprilNational Mineral Development Corporation on Tuesday said that iron ore prices could witness increase of up to 50 per cent by April 1 this y...
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