Real Assets
Stepping up scouting activities for strategic minerals, state-owned NMDC Limited has approached the Western Australian Government, seeking a license to explore Tungsten, a metal much in need for the Indian defence and aerospace sectors. "Three new exploration tenement applications were made in the Kimberley region of Western Australia. All three tenements have some known tungsten occurrences and prospective geology to host polymetallic mineralisation, which includes Tungsten, Copper, Zinc, Gold and rare earth elements. Native Title agreements have been signed with the relevant parties," company sources told PTI.

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