Saturday, February 7, 2009

NMDC Production To Surge In Fourth Quarter

India`s largest iron ore producer, NMDC, expects fourth quarter production to surge by over 25% to 8.5 million tons due to an improved demand for the mineral from the domestic steel sector.

The group`s principal activity is to explore a wide range of minerals including iron ore, copper, rock phosphate, lime stone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite and beach sands.

Source: Myiris

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