NMDC Limited is India’s largest iron ore producer and exporter, mining over 31 MMT per year from its three fully mechanized mines. In addition to iron ore, NMDC plans to acquire new mining leases for other minerals such as coal, diamonds, and gold, and will be leasing or buying properties directly from foreign countries through Special Purpose Vehicles or Joint Ventures.
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WhatsAppGet PriceGet A QuoteNMDC Limited is India’s largest iron ore producer and exporter, mining over 31 MMT per year from its three fully mechanized mines. In addition to iron ore, NMDC plans to acquire new mining leases for other minerals such as coal, diamonds, and gold, and will be leasing or buying properties directly from foreign countries through Special Purpose Vehicles or Joint Ventures.
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WhatsAppGet PriceGet A QuoteNadidih Iron Ore and Manganese Block (FEEGRADE), was the third mines out of the total 11 blocks, put for auction. Rungta Mines Ltd,ESL ,AMNS,Odisha Metaliks and Ramgad Mining and Minerals are in race for this block.
WhatsAppGet PriceGet A QuotePrices of iron ore may rise in the short term as bidders for mines in Odisha have paid nearly twice the required amount.The mine auctions, which started towards the end of January, attracted aggressive bids for large and small mines alike, with the average premium paid at 114 percent.A merchant miner, Shyam Metaliks Ltd., paid the highest
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