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NMDC approaches Australian Govt for Tungsten exploration license

10 Sep 2018 Evaluate

NMDC has approached the Western Australian Government seeking a license to explore Tungsten, a metal which is in much needed for the Indian defence and aerospace sectors.

Three new exploration tenement applications were made in the Kimberley region of Western Australia. All three tenements have some known Tungsten occurrences and prospective geology to host polymetallic mineralisation, which includes Tungsten, Copper, Zinc, Gold and rare earth elements. Native Title agreements have been signed with the relevant parties.

NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.

Peers
Company Name CMP
Coal India 419.00
NMDC 80.69
Ashapura Minechem 518.35
Sandur Manganese 182.00
GMDC 553.15
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