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Decision on NMDC-ArcelorMittal mining joint venture soon
India’s largest iron ore producer, NMDC, will decide on its proposed joint venture with ArcelorMittal, early next month. The joint venture would be formed for development of iron ore mines at Senegal having reserves of around 750 million tonnes. Initially, production from the mines could be to the tune of two million tonnes, annually. "We are working with a co-operative approach," said Rana