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NMDC inks pact with Akron to buy stake in Russian potash mine

NMDC inks pact with Akron to buy stake in Russian potash mine

The transaction was one of a raft of deals signed after a summit meeting between Prime Minister Narendra Modi and Russian President Vladimir Putin.

Tommy Wilkes
  • New Delhi,
  • Updated Dec 11, 2014 4:33 PM IST
NMDC inks pact with Akron to buy stake in Russian potash minePhoto for representation purposes only. (Source: Reuters)

National Mineral Development Corporation (NMDC), the state-run mining company, signed a memorandum of understanding (MoU) with Russia-based Akron to buy a stake in a potash mine in Russia, an official said on Thursday.

The transaction was one of a raft of deals signed after a summit meeting between Prime Minister Narendra Modi and Russian President Vladimir Putin in the national capital.

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(Reuters)

Published on: Dec 11, 2014 4:04 PM IST
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