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April 19, 2023
State-run miner National Mineral Development Corporation (NMDC) is optimistic about the company's ongoing lithium exploration in Australia, a company official has said. NMDC has been exploring for lithium at its Mt Bevan mine in Australia, situated 200 km away from the city of Perth."We are seeing positive results," said DK Mohanty, director - Production for NMDC, commenting on the lithium exploration process at the Australian mine. Further, in case an economical find is made, the mined material is expected to be shipped to India, a second NMDC official said.
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Unfortunately it sounds like shareholders aren't being updated with progress... our neighbours SGQ & RDT from latest announcements just keep striking Lithium Deposits in the 'Interpreted LCT Pegmatite Corridor'.
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