News > NMDC exploring lithium assets in Africa and Australia: source

NMDC exploring lithium assets in Africa and Australia: source

"We are a government company and we want to use the reservation route instead of auctions," the source said, referring to taking over a mining block by being nominated to do so by the government. In June last year, reports said that NMDC's unit Legacy Iron Ore had signed a lithium exploration pact with Australia's Hancock Prospecting Pty Ltd. Additionally, NMDC is seeking lithium blocks from the Indian government on a nomination basis.