Industrial Minerals


Phosphate developer Minemakers refuses to renew MOU with NMDC

13 June 2012

by John Ollett

Deal scrapped because of slow progress in negotiations, company tells IM

Keywords: phosphate, Minemakers, Australia, India, NMDC

Australia phosphate developer Minemakers Ltd has ended the joint-venture agreement with its partner National Mineral Development Co. Ltd (NMDC) of India.

The joint venture (jv) was a partnership in the development of the 1.6bn-tonne, grading at 11.6% P2O5, Wonarah phosphate project...