NMDC Mulls Tungsten Mining

NMDC Mulls Tungsten Mining

From doubling its iron ore output in five years to seeking more diamond mines in Madhya Pradesh as well as planning a joint venture foray in Vietnam for tungsten mines, NMDC Ltd is pursuing a multiple-pronged growth strategy.

NMDC Awaits Nod For Vietnam Mine Stake

NMDC Awaits Nod For Vietnam Mine Stake

State-owned National Mineral Development Corporation (NMDC) is awaiting the Union Cabinet’s approval to acquire a minority stake in a tungsten mine in Vietnam as part of India’s effort to reduce dependence on China for this key raw material used for defence purposes.