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NMDC eyes 6 foreign assets; may buy stake in Brazil mine

Posted on: February 22nd 2010 in Market News.

PSU firm had earlier entered into pact with Ferrous Group, UK, for developing the mine at an investment of $2.5 bn State-owned NMDC is learnt to be eyeing six overseas properties, including that of UK-based Ferrous Group’s Brazilian mines, in which it may pick up 50 per cent stake…

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