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India invests $262 million in iron ore

The investment will fund an ambitious slurry pipeline, processing plants and digitalisation

Munira Rajkotwalla
The BIOM Complex is a 2.5km downhill conveyor. Photo: NMDC

The BIOM Complex is a 2.5km downhill conveyor. Photo: NMDC

India's largest iron ore producer, the National Mineral Development Corporation (NMDC), has allocated ₹2,200 crore (US$262 million) for the fiscal year 2025 to expand domestic operations. The investment...

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