The Andhra Pradesh Mining Development Corporation (APMDC) 24 June 2015 signed a Memorandum of Understanding (MoU) with an Australian firm NSL Mining Resources India Pvt Ltd for beneficiation of low-grade iron ore in Kurnool and Kadapa districts.
The beneficiation of low-grade iron ore process includes separation of the required mineral from extracted ore and removal of the unusable part.
The MoU was signed during AP Chief Minister N. Chandrababu Naidu's meeting with an Australian delegation led by Steven Ciobo, Parliamentary Secretary to the Australian Trade and Investment Minister.
NSL Mining Resources India Pvt Ltd is a subsidiary of Australian NSL Consolidated Ltd while APMDC works under the Andhra Pradesh Government.
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When: 24 June 2015