Team News Riveting
Hyderabad, March 11
The Australian High Commissioner to India, Barry O’Farrell AO visited National Mineral Development Corporation (NMDC), the country’s largest Iron Ore producing Navratna Company and explored the possibilities of mutual corporation and investment opportunities in the mining sector in Australia.
He was accompanied by Ms Sarah Kirlew, Consul General (South India) and Mr Percy Bell, Minister-Counsellor (Economic). They met NMDC Chairman-cum-Managing Director (CMD) Sumit Deb, Director (Finance) Amitava Mukherjee, Director (Commercial) Alok Mehta, and Director (Technical) Somnath Nandi and discussed how Australia could be of NMDC’s interest in critical and strategic mining activities.
“NMDC is always looking to expand horizons and utilise the expertise that we have accrued over the years,” Deb said. The Australian High Commissioner to India apprised them of the different opportunities available in Australia, he said, adding that they had a constructive discussion on the prospects of a joint collaboration.
Australia, a mineral rich nation and its mineral industry is a significant contributor to its export trade. Australia is one of the world’s leading producers of bauxite, iron ore, lithium, gold, lead, diamond, rare earth elements, uranium, and zinc. Australia also has large mineral sand deposits of ilmenite, zircon and rutile. In addition, Australia produces large quantities of coal, manganese, antimony, nickel, silver, cobalt, copper and tin.
NMDC, with an experience of over six decades in mining is present in Australia through its subsidiary, Legacy Iron Ore Ltd and is undertaking exploration activities for gold projects.
