Indian miner NMDC explores critical minerals acquisition overseas
Indian State-owned miner NMDC on Tuesday said it is exploring acquisition opportunities for critical minerals in Africa, Australia and South America, as part of its global mineral diversification strategy.
On Monday, the country's largest iron ore miner opened a Dubai office that will track mineral sector developments in Africa and Australia and focus on scouting mineral assets and conducting due diligence, it said in a statement.
In April, NMDC chairman Amitava Mukherjee said the miner was looking at Africa for lithium, iron-ore, copper and cobalt as well as exploring coking coal assets in Indonesia and Australia.
Last year, India's Secretary of Mines V.L. Kantha Rao said that NMDC and Coal India were exploring lithium mines in Chile and Australia.
In 2023, NMDC's unit Legacy Iron Ore had signed a lithium exploration pact with Australia's Hancock Prospecting.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation