The Conversation (0)
Mining Weekly reported that NMDC Ltd. (NSE:NMDC), India’s largest iron ore miner, has shifted its focus overseas, and will be looking at the exploration efforts of its subsidiaries, Legacy Iron and Acron.
Mining Weekly reported that NMDC Ltd. (NSE:NMDC), India’s largest iron ore miner, has shifted its focus overseas, and will be looking at the exploration efforts of its subsidiaries, Legacy Iron and Acron.
As quoted in the market news:
According to a company official, the appointment of Rakesh Gupta as CEO of Legacy last month was the next step towards leveraging the considerable assets of NMDC in Australia.
The new CEO would oversee the completion of feasibility studies of new projects over the current year and initiate exploration projects over the next two years thereafter, he said.