Question
Consider the following statements about National Mineral
Development Corporation (NMDC): 1. NMDC is diversifying its mineral portfolio by initiating gold mining operations in USA. 2. It is the largest producer of iron ore in India 3. It was incorporated in 1958 as a Government of India public enterprise Which of the statements given above is/are not correct?Solution
National Mineral Development Corporation (NMDC) Ltd. is diversifying its mineral portfolio by initiating gold mining operations in Western Australia through its subsidiary, Legacy Iron Ore Ltd. Incorporated in 1958 as a Government of India public enterprise, NMDC is India’s largest producer of iron ore.
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