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India’s NMDC Ups Iron Ore Output Targets After Court Order
Aug. 05, 2011 07:18PM PST
Base Metals Investing Reuters reports NMDC raised its iron ore output target to more than 30 million tonnes in the year to March 2012.
Reuters reports NMDC raised its iron ore output target to more than 30 million tonnes in the year to March 2012.
The market news is quoted as saying,
India’s Supreme Court partially lifted an iron ore mining ban imposed last week in the Bellary region by allowing NMDC to mine up to 1 million tonnes per month of the steel-making ingredient, according to a court document seen by Reuters.
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