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IRON ORE LUMP ORE PRICE
- NMDC cuts iron ore prices from August 8NMDC has cut its iron ore prices effective August 8, 2026. Lump ore (65.5%) is now priced at Rs 5,250 per tonne, down from Rs 5,450 in July...
Peace killed a boomtown: How the end of World War I turned one of Australia's biggest copper settlements into a ghost townKuridala was once a thriving Queensland mining town, which prospered greatly during World War I. Copper became a strategic metal, driving s...- LIC Q1 profit surges 23% on growth in value of new businessLife Insurance Corporation of India reported a twenty-three percent net profit rise. Value of new business jumped sixty-one percent, boosti...
- Coal India Ltd preferred bidder for Odisha iron ore blockCoal India Limited has become the preferred bidder for Odisha's Gadadharpur iron ore block. The state-owned miner will diversify operations...
- Coal India enters iron ore mining after Odisha block winCoal India secured the Gadadharpur iron ore block in Odisha. This acquisition marks the state-run miner's entry into iron ore mining. India...
- Billionaire Anil Agarwal’s Vedanta unit seeks mega $1.4 billion loan after business splitVedanta Aluminium Metal Ltd. is raising 135 billion rupees from three major banks. Axis Bank, HDFC Bank, and ICICI Bank are providing the s...
- Jefferies gets new evidence of fake invoices at beleaguered fund tied to iron ore traderThe discovery of fake invoices related to Sapphire Minmetals by Jefferies Financial Group has intensified scrutiny over the financial repor...
- In 1948 US industrialist Henry J Kaise founded a town for about 4,000 people in California. Then it emptied almost overnight but still stands frozen in timeEagle Mountain was a company town built for a large iron mine in California's desert. The town housed thousands of residents and provided a...
- Value addition key for Tata Steel as prices fall and costs increaseTata Steel saw strong revenue growth in the June quarter, driven by higher realisations. However, global steel prices are softening, and co...
- Indian Oil rules out shift from Gulf crude despite regional conflictIndian Oil Corp will continue using Gulf crude, it said citing freight advantages and refinery configurations. The company anticipates no i...
- How an iron ore empire began to raise doubtsMajor commodity traders are cutting ties with Radiant World amid concerns, which suggest the company provided falsified documents to banks ...
- Tata Steel can unlock a lot of value with less capital downstream: CEO & MD T V NarendranTata Steel executives emphasize value-added products over mere production capacity. Changing market dynamics necessitate a focus on downstr...
- Vedanta Iron and Steel reports Rs 122 crore net profit in Q1Vedanta Iron and Steel Ltd posted a Rs 122 crore net profit for the June quarter. This marks a significant turnaround from the Rs 142 crore...
- Odisha tightens iron ore grade checks after alleged royalty underreporting: ReportOdisha, India's largest iron ore-producing state, has stepped up quality-control inspections after authorities found instances of miners al...
- Cabinet clears Rs 1,264 crore Ballari-Guntakal rail line expansion, says MoS V SomannaThe Union Cabinet approved construction of new railway lines for Rs 1,264 crore. This project will add 46 km of railway lines across Karnat...
- Iron ore, cement, power output propels June core growth to 5%India's core sector output grew five percent year-on-year in June. This growth accelerated from May's 3.2 percent, reaching a five-month hi...
- India's core sector output grows 5% in June under new base year series, hits 5-month highJune 2026 marked a notable five percent growth in India's core industries index, with iron ore production soaring to forty-three point nine...
- L&T bags orders worth Rs 10,000–Rs 15,000 cr in metals and minerals businessLarsen & Toubro's Metals & Minerals business secured multiple mega orders. These contracts are from leading domestic public and private sec...
- Iron ore joins core sector as government revamps indexIron ore has been added to the core sector industries list, expanding it to nine. The government will release a revised Index of Core Indus...
- Monsoon tests India's steelmakers as prices head in opposite directions: ReportDomestic steel prices are expected to remain mixed in the coming months. Long steel prices will likely stay under pressure due to monsoon d...
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