NMDC to buy two iron ore mines in Australia
BS Reporter / Chennai/ Hyderabad February 5, 2011, 0:54 IST
State-owned miner NMDC will seal deals to acquire two iron ore assets in Australia next month.
Chairman and Managing Director Rana Som said the company would spend less than $100 million to acquire 51 per cent stake in the two mines.
At this price it doesnt look like it will be FMS..
NMDC to buy two iron ore mines in Australia BS Reporter /...
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