Strategy and Vision Download Brochure
Our Strategic Approach
NSL continues to develop its bulk mineral commodities exploration, development and growth strategy, with emphasis on Indian iron ore. The Company has established key parameters to build shareholder value around cost competitive bulk mineral sales exports in the high Indian demand commodity of iron ore.
The Company continues to execute upon its India business strategy, focussing on the beneficiation of low grade iron ore for use in the growing Indian steel industry.
The Company, as the only Australian or foreign company to own and operate in India’s iron ore market, continued to progress is Phase Two wet beneficiation project. The Company has successfully completed the construction, commissioning and ongoing operation of the plant, withsales to domestic steel producers.
The Company continues to receive government support through the execution of several agreements with the state government of Andhra Pradesh. These agreements have enabled our continued success in gaining relevant approvals to support our Indian business strategy. It is also a further acknowledgement of the integrity in which the Company is held as we move forward towards a sound commercial footing to support all stakeholders.