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GHORABURHANI SAGASAHI
ArcelorMittal Nippon Steel India clocks 17% rise in March quarter EBITDAEBITDA for the quarter grew to $470 million (Rs 3,590 crore) compared to $403 million a year ago. The higher margins can be attributed to t...- ArcelorMittal Nippon Steel India reports an operating profit of Rs $551 mn in the Sept quarterOn a consolidated basis, global steel major ArcelorMittal reported an EBITDA increase of 20 per cent to $6.1 billion (around Rs 45,402 cror...
- AMNS begins mining at Ghoraburhani-Sagasahi iron ore block in OdishaEarlier this year, ArcelorMittal Nippon Steel India (AM/NS India) had signed an MoU with the Odisha government for setting up a 12 million ...
- Odisha waits for Centre nod to auction mining leaseThe state foresees a huge disruption in the sector for the next few years if requisite environment clearances aren’t more prompt.
- Orissa High Court stays mining of three auctioned mines to NCLT companiesThe interim order came in the course of the HC hearing a PIL that questions the state’s decision to allow Essar Steel Ltd, BSL and BPSL to ...
- States to mine deep this time, auction of 12 non-coal blocks to fetch Rs42,892 croreSix state governments — Karnataka, Rajasthan, Andhra Pradesh, Odisha, Chhattisgarh and Jharkhand — will earn Rs36,654 crore revenue.
- Government to set up online portal for monitoring mine clearancesCentre and states will create a platform to monitor the status of clearances and approvals of auctioned mines bearing minerals such as gold...
- Essar Steel bags Iron Ore mine in OdishaSteel companies like Tata Steel, Jindal Steel & Power Ltd, Bhushan Power and Steel, JSW Steel and Rashtriya Ispat Nigam, participated in th...
- Essar Steel wins first iron ore mine with aggressive bidEssar Steel won the first iron ore mine auctioned by the government with a bid that was at a premium of 44.35% over the royalty.
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