According to sources, NMDC is exploring copper, lithium, cobalt and rare earth materials from Brazil, Australia, Chile and some Asian countries. The Indian Public Sector Undertaking (PSU) aims to diversify its mineral business and also exploring dolomite, limestones, tungsten and cooking coals blocks in Australia, Bhutan, UAE, Oman and other countries.
Talking to Bharat Neeti, an internal source said that the PSU is going to start commercial production of thermal coal at Tokisud North coal mine by October-December period and will develop the Rhone coking coal mine to start production by the next financial year (FY28).
NMDC initiatives can give a push to India’s Infrastructure, energy, electronics and automotive sectors.
