The projects are also expected to create around 4.9 lakh jobs as commercial coal mining expands following the opening of the sector to private participation
The acquisition comes as several African economies seek to expand mining activity and attract investment into critical minerals
The transaction is expected to significantly expand Solar Industries’ mining-related operations in Africa
The increase applies to lump ore containing 65.5 per cent iron. NMDC has kept the price of iron ore fines, with iron content of 64 per cent or lower, unchanged at Rs 4,500 per tonne
The MMDR Amendment brings miners fiscal certainty, but raises fresh legal and federal questions