Adani flagship’s profit drops, gets queried by Indian regulator
Adani Enterprises Ltd., which posted a 38% fall in quarterly profit, said India’s markets regulator has queried it about possible violations.
-
-
Visit: 23
Adani kicks off $1.2 billion Indian copper smelter
Indian billionaire Gautam Adani has started operating the first unit of his $1.2 billion copper smelter, the tycoon’s first foray into metals refining.
-
-
Visit: 134
New US sanctions more likely to curb Indian imports of Russian coal
New US sanctions on Moscow are more likely than previous ones to cut Indian imports of thermal coal from Russia because they specifically cite top exporters SUEK and Mechel, three major traders of Russian coal said.
-
-
Visit: 93
China scoops up cheap Indian iron ore in bid to trim steel costs
Mining News Pro - Indian iron ore exports have surged this year as steel mills, mainly in the biggest buyer China, switched to lower-grade, cheaper feed in the face of dwindling profits.
-
-
Visit: 147
Indian, Canadian officials discuss critical mineral mining cooperation
Mining News Pro - A top Indian minister held talks on boosting critical mineral mining cooperation with Canadian officials on Monday, the Indian government said, amid tense diplomatic relations between the two countries.
-
-
Visit: 173
Tata to build $1.6 billion Indian EV battery plant, Gujarat says
Mining News Pro - India’s salt-to-software conglomerate Tata Group signed an agreement with the Gujarat state government to set up a giga-factory for manufacturing lithium-ion cells, with an estimated initial investment of around 130 billion rupees ($1.6 billion).
-
-
Visit: 153
Total, Adani team up for multi-billion dollar Indian hydrogen plans
Mining News Pro - French oil giant TotalEnergies SE and Indian billionaire Gautam Adani’s conglomerate are partnering to fund billions of dollars worth of green hydrogen development in India as the world’s third-largest polluter seeks to decarbonize.
-
-
Visit: 848
Indian aluminium producer NALCO faces coal scarcity due to train shortage
Mining News Pro - Indian state-run aluminium producer National Aluminium Co Ltd (NALCO) is facing a coal supply shortfall, due to supplies being diverted to priority electricity generation and a shortage of trains to deliver fuel to NALCO’s power plants.
-
-
Visit: 688
Indian researchers develop lithium-ion battery that can be recharged with solar energy
Mining News Pro - Researchers at India’s Tata Institute of Fundamental Research (TIFR) have developed a compact lithium-ion battery with photosensitive materials that can be directly recharged with solar energy.
-
-
Visit: 515
BlackEarth signs first offtake for Indian project
Mining News Pro - BlackEarth has inked an offtake and sales agreement with downstream graphite product developer Grafitbergbau Kaiserberg GmbH.
-
-
Visit: 541
Global potash demand may face test as Indian imports set to ease
Mining News Pro - India’s going to be buying less potash after a run-up in prices, according to the country’s largest importer of the fertilizer, a move that may undercut expectations for global demand to hit a record this year.
-
-
Visit: 858
Indiana lodges $95m claim against Tanzania
Mining News Pro - Indiana Resources has lodged a $95-million compensation claim against the government of Tanzania over the "illegal expropriation” of the Ntaka Hill nickel project.
-
-
Visit: 698
Indian state says NMDC diverted CSR money to Modi’s coronavirus fund
Mining News Pro - India’s eastern Chhattisgarh state’s chief minister has accused federal government-run NMDC Ltd of diverting Corporate Social Responsibility (CSR) money owed to the state to Prime Minister Narendra Modi’s coronavirus fund.
-
-
Visit: 720
A unique Indian and Indonesian mining contractor partnership
Mining News Pro - Back in late December 2019, two giants in Asian contract mining joined forces for their mutual benefit. Indonesia’s PT Darma Henwa Tbk (DEWA) agreed on a joint venture company establishment and consultancy cooperation with Indian mining services company Thriveni Resomin Pte Ltd.
-
-
Visit: 767
A unique Indian and Indonesian mining contractor partnership
Mining News Pro - Back in late December 2019, two giants in Asian contract mining joined forces for their mutual benefit. Indonesia’s PT Darma Henwa Tbk (DEWA) agreed on a joint venture company establishment and consultancy cooperation with Indian mining services company Thriveni Resomin Pte Ltd. The agreement was signed by President Director of Darma Henwa Saptari Hoedaja and Managing Director of Thriveni Earthmovers Pvt Ltd, Balasubramanian Prabhakaran.
-
-
Visit: 834
Indian steel demand expected to drop 7.7% in 2020
Mining News Pro - Indian steel demand is expected to plunge to multi-year lows in 2020, hit by slowdowns in the construction, automotive and rail sectors as India fights the coronavirus with a protracted lockdown, a leading industry body said.
-
-
Visit: 726
Indian Flat Steel Import Drops by 17% M-o-M in Feb’20 on Dull Demand
Mining News Pro - As per the latest data released by the customs and compiled by SteelMint, India’s finish-flat imports stood at 0.30 MnT in Feb’20 down by 17% on a monthly premise as against 0.37 MnT in Jan’20.
-
-
Visit: 1047
Indian Silico Manganese Prices Stable Despite Dull Demand
Mining News Pro - Indian Silico Manganese prices remained unchanged owing to the dull steel market conditions.
-
-
Visit: 891
Indian Steel Market Snapshot
Mining News Pro - Indian secondary steel prices remained on downtrend during the week-10 due to limited inquiries and improved supply. Also, the lifting of finished products remained slow.
-
-
Visit: 924
India: Ferro Chrome Producers Lower Prices on Depreciation of Indian Currency
Mining News Pro - Indian Ferro Chrome prices have gone down in line with the depreciated Indian currency against USD
-
-
Visit: 1394
Indian Low Grade Iron Ore Fines Export Prices Pick Up in Recent Deals to China
Mining News Pro - Indian low-grade iron ore fines export market regained momentum this week with various deals being reported. Indian low-grade iron ore fines assessment has increased this week to USD 57-59/MT, CFR China as against last week`s assessment at USD 54-55/MT, CFR China. As per the sources Chinese mills are actively booking material for Mar/April shipments, in order to maintain their margins.
-
-
Visit: 908
Indian Imported Scrap Trades Pick Up Despite Hike in Offers
Mining News Pro - Imported scrap trades to India witnessed considerable improvement this week, with decent bookings being witnessed after slow activity in the previous couple of weeks. Offers from global origins continued to rise sharply, however buyer’s inquiries remained active, as mills looked to book some material in anticipation of further price hike.
-
-
Visit: 735
Indian Steel Market Weekly Snapshot
Mining News Pro - Indian steel prices drop further during the week-46 (9-16th Nov`19) on account of poor lifting and lessened inquiries. As per mid sized mills, this week demand was not upto the mark, hence the prices drop slightly.
-
-
Visit: 909
Indian firms set up JV to mine for lithium, cobalt overseas
Mining News Pro - Three Indian state-run companies are to form a joint venture to buy mining assets overseas that have minerals such as lithium and cobalt, which are used in the manufacture of batteries for electric vehicles.
-
-
Visit: 683
An Indian billionaire doubles down on controversial coal mine
Mining News Pro - The Indian billionaire behind the controversial Carmichael coal mine in Australia is hitting back at criticism the endeavor will be both unprofitable and too dirty.
-
-
Visit: 754