India’s NMDC looking at lithium assets in Africa and Australia
Image: Lithium Australia – VSPC Ltd.
Indian iron ore miner NMDC Ltd said on Friday it is looking at lithium assets in Africa and Australia, according to a statement.
The company also said that it has so far not applied for lithium blocks on a nomination basis from the Indian government.
In June last year, Reuters reported that NMDC’s unit Legacy Iron Ore had signed a lithium exploration pact with Australia’s Hancock Prospecting Pty Ltd.
NMDC shares were down 1.7% on Friday.
(By Neha Arora, Ashna Teresa Britto and Navamya Ganesh Acharya; Editing by Sonia Cheema)
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