Iron ore miner NMDC exploring lithium reserves in Australia's Perth

Indian iron ore miner NMDC Ltd said on Wednesday it is exploring lithium reserves 124.3 miles (about 200 km) off Perth, Australia

Photo courtesy: www.nmdc.co.in
(Photo courtesy: www.nmdc.co.in)
Reuters MUMBAI
1 min read Last Updated : Apr 19 2023 | 6:02 PM IST

MUMBAI (Reuters) - Indian iron ore miner NMDC Ltd said on Wednesday it is exploring lithium reserves 124.3 miles (about 200 km) off Perth, Australia.

"We are in the process of exploring in Australia but we can't give a timeline when we would be able to start the mining," D K Mohanty, director of production at NMDC, told reporters on the sidelines of an industry conference.

 

(Reporting by Neha Arora in Mumbai; Editing by Savio D'Souza)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :NMDCAustralia

First Published: Apr 19 2023 | 2:31 PM IST

Next Story