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NMDC MINING ASSETS
Diversification plan: NMDC scouts for mining assets across four continentsNMDC is actively seeking mining assets worldwide, including critical minerals to support various industries. The company aims to earn 20 pe...- NMDC puts nickel foray on hold on global oversupply concerns, sources sayState-run NMDC has paused its planned entry into nickel, citing oversupply concerns in Indonesia, which accounts for more than 60% of globa...
- Steel Ministry asks SAIL, NMDC to scout overseas mineral assets for raw material securityThe Steel Ministry has instructed state-run steelmakers SAIL and NMDC to explore overseas mineral assets. This effort aims to secure long-t...
- Coal India Limited announces ambitious Business Development portfolio for diversification beyond miningCoal India Limited announced its ambitious business development portfolio on Sunday. This plan focuses on five key platforms for future exp...
- NMDC looks to hit 60 MT iron ore production mark this fiscal: ChairmanNMDC targets sixty million tonnes iron ore production this fiscal year. The company plans to reach one hundred million tonnes by twenty thi...
- Metals sector outlook improves as non-ferrous earnings lead recovery: SystematixIndia's metals and mining sector outlook is improving significantly. Non-ferrous companies are expected to lead earnings growth and perform...
- 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 eyes production from domestic coal and gold mines: CMDIron ore mining Navratna NMDC will operationalise its domestic coal and gold mines, while also pursuing overseas mineral assets, including ...
- NMDC Ltd is eyeing exploration and development of mineral assets in South AfricaWhile NMDC has been keen on acquiring coal assets in South Africa, the it was also tipped to look for other mineral assets including steel-...
- NMDC in talks to acquire stake in Vietnam's tungsten mineThe mine, which has rich reserves of tungsten mineral, is located in Thai Nguyen province in Northern Vietnam.
- NMDC may buy stake in Indonesian coal mine“Such a proposal did come to us and the subcommittee has asked for a technical due diligence of the project,” said a board member of NMDC.
- SAIL or RINL for 50 per cent of NMDC's Chattisgarh steel plantSteel Authority of India (SAIL) and Rastriya Inspat Nigam Ltd are the only two bidders for iron-ore minor NMDC's 50 per cent stake
- NMDC examining proposals to acquire coal mines in South AfricaAfter entering into an agreement with Kopano, state-owned NMDC is now examining two proposals for acquiring coal mines in the African count...
- Three steel PSUs looking to buy iron ore assets in BrazilThe company is also increasing capacity to 48 million tonnes per annum (MTPA) by 2014-15 from the current installed capacity of 32 MTPA.
- NMDC, Severstal JV for 3 mtpa steel plant by DecemberNMDC said it will ink by Dec an agreement with Russia's Severstal for a three mn tonne steel plant in Karnataka under 50:50 joint venture.
- 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 sets sights on African coal assetsNMDC is in talks to buy a minority stake in Riversdale Mining, the Australian company that owns large coking coal assets in Mozambique.
- 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 MD may visit Senegal to discuss JV with ArcelorMittalNMDC chairman and managing director Rana Som on Monday said he may visit Senegal next month to further discuss the proposed JV with Arcelor...
- NMDC eyes iron ore mines in AfricaState-run mining giant NMDC is looking at acquiring iron ore mines in Africa, a top Steel Ministry official said today.
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