India's NMDC looks to acquire mineral assets overseas

5 February 2012, 1:29 am

MUMBAI (Reuters) - India's biggest iron ore miner, NMDC Ltd, is scouting for mineral assets in Brazil, Mozambique, Russia, the United States and South Africa, it said in a statement. The state-run miner is looking to meet its own requirements and ensure raw material security for the country's steel and fertilizer industries, the statement added. NMDC had identified an iron ore asset in Brazil ...... Read More »

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