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Shopping News / Articles
Govt likely to finalise critical minerals stockpiling policy in a month
10+ hour, 5+ min ago (200+ words) The policy on stockpiling critical minerals is expected to be announced in about a month, a government official said on Friday. The move is aimed at maintaining a stock of critical minerals to spur the growth of strategic sectors such…...
Tinna Rubber expands into Chile, deepens Saudi bet as stock slides 5.5%
1+ day, 6+ hour ago (152+ words) Tinna Rubber expands into Chile and Saudi Arabia with new investments as shares slide over 5% amid broader expansion. Tinna Rubber And Infrastructure Ltd disclosed two separate overseas investment tranches on Wednesday, signalling an accelerating international expansion even as its shares…...
India, Chile struggle to clear critical-mineral hurdle in CEPA talks
5+ day, 5+ hour ago (491+ words) Chile is home to half of the viable lithium reserves globally India is continuing to push Chile for “something substantive” in terms of commitments on critical mineral supplies, including copper and lithium, as the two countries seek to conclude negotiations…...
Steel Ministry asks SAIL, NMDC to explore mining assets abroad
5+ day, 10+ hour ago (259+ words) The Steel Ministry has asked its undertakings, SAIL and NMDC, to explore mineral assets abroad to help secure long-term raw material requirements and support input costs, an official said. Steel Authority of India Ltd (SAIL) is India's largest public sector…...
Hindalco terminates $125 million US alumina deal after year-long regulatory delay
1+ week, 4+ hour ago (231+ words) Hindalco Industries has scrapped its proposed $125 million (about ₹1,200 crore) acquisition of US specialty alumina maker AluChem Companies. The development, which comes after the company spent over a year awaiting regulatory clearance, puts an end to a deal whose completion timeline…...
Hindalco calls off AluChem acquisition amid prolonged closing delays
1+ week, 7+ hour ago (320+ words) Aditya Birla Group's metals arm Hindalco Industries Ltd has called off its proposed $125 million acquisition of US-based AluChem Companies Inc after extended delays in closing the transaction, according to a regulatory filing. Hindalco and the US-based firm have jointly decided…...
‘Bigger concern is future availability of manganese ore’
2+ week, 1+ day ago (134+ words) Manish Sarda, Deputy MD, Sarda Metals & Ferro Alloys What are the key challenges facing the mining industry? Should the government tighten the qualification criteria for companies bidding for mines? Is manganese ore going to become a major constraint as steel…...
Bridge Green Upcycle signs $1 billion deal for lithium carbonate supply
2+ week, 3+ day ago (247+ words) Bridge Green Upcycle, a US-based company specialising in recovering critical minerals from scrap lithium-ion batteries, has entered into a commercial agreement, valued at $0.5-$1 billion, with American commodities trading firm Hartree Partners. Bridge Green operates a critical mineral recovery plant for…...
Reserve report on four Chile copper blocks expected in 2-3 months, says Hindustan Copper CMD Anupam Misra
2+ week, 4+ day ago (269+ words) Hindustan Copper Limited, India’s only vertically integrated copper producing company, expects productions of copper ore and metal in concentrate to increase by around 28 per cent and 17 per cent year-on-year, respectively, this fiscal, says its Chairman & Managing Director Anupam Misra. In…...
MOIL scouts for new manganese mines in India, overseas
3+ week, 1+ day ago (505+ words) With huge demand and shortage supply of manganese to the steel industry, MOIL plans to increase domestic production and explore global opportunities for securing ores to meet demand. Rashmi Singh, Director (Commercial), MOIL said the company has been producing about…...
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