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Spice Minerals signs MoU with NMDC

CHENNAI: NMDC and Spice Minerals & Metals have signed a memorandum of understanding in Hyderabad. According to a release, the signing of the MoU also marks the beginning of a long-term partnership for planning, acquisition, development and management of metal and mineral projects, executable through specific joint ventures. The first project under consideration is in Armenia where mining assets in iron ore are proposed to be developed jointly. — Corporate Reporter

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