Weekly Mining News: 09-06-2024
NMDC Reports 36% YoY Drop in Iron Ore Production for May’24: NMDC witnessed a decline in iron ore production, down to 2.34 million tonnes (MT) in May 2024 from 3.71 MT in May 2023.
NMDC Reports 36% YoY Drop in Iron Ore Production for May’24: NMDC witnessed a decline in iron ore production, down to 2.34 million tonnes (MT) in May 2024 from 3.71 MT in May 2023.
JSW Steel Acquires Majority Stake in Mozambique Mining Firm: JSW Steel is set to acquire a 92.2% stake in a Mozambique-based mining company for $73.8 million. This acquisition grants JSW Steel access to over 800 metric tonnes of premium hard coking coal reserves.
Ref: economictimes, miningweekly, zeebiz, businessworld, timesofindia, Indianexpress.com etc Read last week’s news: https://waartsy.com/weekly-mining-news-march-1st/