North American Tungsten Corporation Ltd (NATUF)

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Global Tungsten demand increasing

By Rakhi Mazumdar, ET Bureau | Updated: Oct 27, 2016, 11.11 AM IST
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KOLKATA: NMDCBSE 3.75 %, one of India's biggest mineral producers, and Mishra Dhatu Nigam (MIDHANI) have signed a memorandum of understanding to develop tungsten mines and processing technology for the metal, a key ingredient in making heavy-alloy ammunition systems for the armed forces.

The two state-owned companies are slated to tap their complementary strengths to pursue a venture in developing tungsten mineral assets in India and abroad. MIDHANI, a defence sector PSU, has expert ..

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Availability of tungsten in India is limited and the metal is not mined because the ores are of low grade, NMDC said in a statement. The country's requirement of tungsten is met mainly through imports.

Extracting tungsten from low-grade deposits depends largely on developing suitable beneficiation technology. It is mainly Rajasthan that has tungsten reserves.

There is a growing requirement in India for tungsten products in industrial and defence applications, where it h ..

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