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

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.

(Reuters)