<ul data-eligibleForWebStory="false"><li>NMDC's Australian Lithium exploration in FY25 shows increased losses and cash depletion.</li><li>Legacy Iron Ore reported profits in FY23, but faced losses during FY25.</li><li>Initial lithium exploration at Mt Bevan did not yield viable deposits.</li><li>Legacy plans to explore new lithium-rich areas based on current results.</li><li>The company expects improved profitability in FY26 through operational viability at Mt Celia.</li></ul>

NMDC’s Australian Lithium exploration draws a blank, looks forward to profits in FY26

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