Rio Tinto plans return ticket to India, looking at 50:50 JV with AM Green arm for aluminium smelter, refinery in South IndiaThe plan is to set up a 1 million tonne per annum aluminium smelter along with 2 million tonnes of alumina production, powered by clean ene...
17 Apr, 2025, 07.31 PM IST
No benefits likely from 38 critical blocks put on sale in this decade: IcraIcra reported that benefits from the 38 critical mineral blocks on sale may not materialize by 2030 due to incomplete exploration. India's ...
22 May, 2024, 04.09 PM IST
Coal India, NMDC, OVL look to secure critical mineral assets abroadCIL, NMDC, OVL, and KABIL are collaborating to secure critical minerals overseas, focusing on lithium for EV batteries. India defines 30 cr...
16 May, 2024, 12.13 AM IST
Fundamental Radar: 2 factors that make NALCO a good bet in the aluminium space, Shreyansh Shah explainsGoing forward, with the ramping up of captive coal production, it is expected that the coal cost would come down.Further, the better produc...
12 Feb, 2024, 10.00 AM IST
India faces uphill battle in Lithium mining and explorationRitabrata Ghosh, Vice President - Corporate Ratings & Sector Head at ICRA, emphasizes that China currently dominates 65% of the lithium pro...
21 Jan, 2024, 05.42 PM IST
India to pump in about Rs 200 cr to explore, develop five lithium blocks in Argentia: Govt"The project will help India strengthen lithium supplies, while developing lithium mining and downstream sectors of both the countries," mi...
15 Jan, 2024, 09.20 PM IST
Coal India embarks on overseas acquisition of critical mineral assetsCoal India Limited (CIL) has added lithium, cobalt, and nickel assets to its Memorandum of Association (MoA) to reflect its commitment to e...
01 Aug, 2023, 01.00 PM IST
Need to create strategic mineral reserves to ensure continuous supply, says Economic SurveyA carefully crafted multi-dimensional mineral policy is needed to reduce India’s dependence and address the problems for the future, the re...
31 Jan, 2023, 05.34 PM IST
Source nations shortlisted for exploring possibilities of mineral asset acquisitions: Mines ministryKABIL, a joint venture company, has been engaged to look for source countries like Australia, Argentina, Bolivia and Chile that have critic...
03 Jan, 2022, 06.47 PM IST
Arun Kumar Shukla takes charge as CMD of Hindustan CopperA Graduate Mining Engineer of 1985 batch from Indian School of Mines, Dhanbad, Mr Shukla has completed a M.Tech. in Environmental Engineeri...
01 Jan, 2020, 03.32 PM IST
Nalco HCL and MECL inks joint venture to form Khanij Bidesh India LtdThe JV company will be involved in acquisition, exploration & processing of strategic minerals abroad for commercial use and for supply to ...
01 Aug, 2019, 10.30 PM IST
We are looking beyond aluminium to create a company of the future: Nalco Chairman"For the first time, exploring prospects of sourcing lithium in Gujarat and Rajasthan," Nalco chairman TK Chand said.
12 Jul, 2019, 07.36 PM IST
India to acquire reserves of strategic minerals to power the country's move into EVsThe jv will have National Aluminium Company (Nalco), Hindustan Copper (HCL) and Mineral Exploration Corporation Ltd (MECL) as partners with...
30 May, 2019, 06.45 PM IST
State-run Mineral Firms may Float a JV to Scout for Lithium, Cobalt Reserves AbroadIndia, which has set a target of achieving an all-electric vehicle fleet by 2030, has almost no reserve of these minerals and is keen on bu...
16 Jan, 2019, 04.18 PM IST
India readies its prospectors as hunt begins for lithium and cobalt mines abroadThe mandate for Nalco, HCL and MECL will be to look for and acquire strategic mineral assets abroad, particularly those in which India is d...
06 Jul, 2018, 10.55 AM IST
NALCO sets target of achieving a turnover of Rs 18,171 crore by 2024The long term strategy foresees the company reaching a turnover of Rs 31,248 crore and a net profit of Rs 3,010 crore by 2032.
08 Jan, 2018, 08.10 PM IST
Indian companies hold breath as Kabul set to invite bids for developing 4 new mines"Indian companies have good potential and they are competitive. We expect to attract both public and private companies from India to partic...
06 Dec, 2012, 04.00 AM IST