Jan. 22, 2010
Tata Steel today announced that it has entered into a memorandum of understanding (MoU) with National Mining Development Corporation (NMDC).
The MoU is aimed to explore the possibility of acquisition, exploration and development of mines, extraction and processing of minerals, setting up integrated steel plants and other businesses of mutual interest.
NMDC, owned by government of India explores a number of minerals like iron ore, bentonite, copper, magnesite, rock phosphate, diamond, limestone, tin, dolomite, tungsten, gypsum and graphite. Since its inception NMDC has been a leading producer and exporter of iron ore.
Tata Steel today announced that it has entered into a memorandum of understanding (MoU) with National Mining Development Corporation (NMDC).
The MoU is aimed to explore the possibility of acquisition, exploration and development of mines, extraction and processing of minerals, setting up integrated steel plants and other businesses of mutual interest.
NMDC, owned by government of India explores a number of minerals like iron ore, bentonite, copper, magnesite, rock phosphate, diamond, limestone, tin, dolomite, tungsten, gypsum and graphite. Since its inception NMDC has been a leading producer and exporter of iron ore.
Related News
Photos
More>>
trade
- Pan African to buy stake in PGM tailings facility for R53m
- Maghreb Minerals narrow first half losses and continues to pursue fluorspar
- Folks get to the bottom of chromite project
- Matilda Zircon shares surge on Tiwi Island production outlook
- World zircon shortage leads Alkane Resources to double output at Dubbo Project