Australian High Commissioner to India Barry O'Farrell AO recently led a delegation and visited the Government of India-owned National Mineral Development Corporation (NMDC) to meet with the mining sector behemoth's chairman and managing director Sumit Deb, reports Hindu Businessline.
The Australian delegation included Sarah Kirlew, Australia's Consul General (South India), and Percy Bell, Australia's Minister-Counsellor (Economic) among others. The delegation took over discussions on how Australia could be of NMDC’s interest in critical and strategic mining activities. The delegation and NMDC also engaged and dwelled upon mutual cooperation and investment opportunities in mining in Australia.
Following the meeting, Deb shared that NMDC is always looking to expand horizons and utilise the expertise achieved over the years. He also added that O'Farrell apprised the NMDC about different opportunities available in Australia and that the two sides had a constructive discussion on the prospects of a joint collaboration.
It should be noted that NMDC, the nation's largest iron ore producer, is already present in Australia through its subsidiary, Legacy Iron Ore Ltd and is undertaking exploration activities for gold projects.
A mineral-rich nation, Australia is one of the leading producers of bauxite, iron ore, lithium, gold, lead, diamond, rare earth elements, uranium, and zinc globally. It is also an established producer of large quantities of coal, manganese, antimony, nickel, silver, cobalt, copper and tin. It also has large mineral sand deposits of ilmenite, zircon and rutile.
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.