NMDC sets ₹2,200 crore capex in current financial year
Millennium Post Delhi|New Delhi 13September2024
‘NMDC is... pursuing overseas mining opportunities for critical minerals like lithium, cobalt, and nickel through its subsidiary, Legacy India Iron Ore Ltd, which includes lithium mining operations in Australia’
NMDC sets ₹2,200 crore capex in current financial year

The country’s largest iron ore miner NMDC on Thursday said it is pursuing mining opportunities for critical minerals abroad which includes lithium block in Australia.

Critical minerals such as copper, lithium, nickel and cobalt are important components in rapidly growing clean energy technologies — from wind turbines and electricity networks to electric vehicles.

“NMDC is... pursuing overseas mining opportunities for critical minerals like lithium, cobalt, and nickel through its subsidiary, Legacy India Iron Ore Ltd, which includes lithium mining operations in Australia,” the company said in a statement.

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