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India’s state-owned NMDC, the country’s largest iron ore producer and exporter, is about to be one of the latest big names in the local mining sector to bid for the massive Bunder diamond project, from which Rio Tinto (ASX, LON:RIO) exited early this year.

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NMDC: Iron ore production by India’s single largest iron ore producer, National Mineral Development Corporation (NMDC), was recorded at 28.6 mnt in FY16 against 30.4 mnt in FY15.

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