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iron investing

Protest Shutdown Iron Ore Mines in India

Investing News Network
Jan. 18, 2012 02:05PM PST
Base Metals Investing

Reuters India reported protests have caused NMDC iron ore mines to shutdown.

Reuters India reported protests have caused NMDC iron ore mines to shutdown.

As quoted in the market news:

NMDC’s mines in the state produce about 40,000 tonnes of the ore, which is vital for the steel industry, every day. Vast areas of the mineral-rich state are a stronghold of Maoist rebels and public protests against the government are common.

Click here to read the full Reuters India report.

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