NMDC Reports 36% YoY Drop in Iron Ore Production for May’24: NMDC witnessed a decline in iron ore production, down to 2.34 million tonnes (MT) in May 2024 from 3.71 MT in May 2023.

1. India seeks Mongolia’s minerals, sidestepping Chinese routes for securing coking coal and critical minerals. India also eyes multiple mineral pacts with about a dozen countries in Africa.

Bicholim Sub-Registrar Suspended: Sonia Halarnkar was suspended for delaying the registration of a mining MoU. The Congress party criticizes the government, claiming it prioritizes mining over Goa’s interests.

JSW Steel Acquires Majority Stake in Mozambique Mining Firm: JSW Steel is set to acquire a 92.2% stake in a Mozambique-based mining company for $73.8 million. This acquisition grants JSW Steel access to over 800 metric tonnes of premium hard coking coal reserves.

Ref: www.bbc.com ; www.tripurastarnews.com; https://www.tripurastarnews.com/; https://www.business-standard.com/; https://economictimes.indiatimes.com/; https://timesofindia.indiatimes.com/

Ref: business-standard.com; www.tribuneindia.com; pibdotgovdotin; miningweeklydotcom Picture credit- https://cisp.cachefly.net Read last news- https://minestronix.com/weekly-mining-news-24thapril-24/

Weekly Mining News: 21-04-2024 Ref: economic times, thewiredotin, miningdotcom, the print etc Picture credit: https://www.rcrwirelessdotcom/

1. Is asteroid/space mining the future? Asteroid mining company AstroForge is putting big money behind space minerals, but being an early adopter can be challenging. Can asteroid mining be profitable? …

Ref: timesofindia, mining.com, pgurus, thehindu, the print, ft.com, theguardian etc Picture credit: downtoearth.org.in- https://www.downtoearth.org.in/news/mining/controversial-deep-sea-mining-negotiations-showed-progress-but-many-disagreements-among-member-states-remain-95338 See the last week’s news- https://minestronix.com/weekly-mining-news-last-week-march/