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NICKEL REQUIREMENT INDIA
India expects starting 50-60 greenfield mines this year: Mines SecretaryIndia plans to operationalise 50–60 new greenfield mines in the current fiscal, Union Mines Secretary Piyush Goyal said on Tuesday. He said...
NSE signs MoU with Bharat Metal Exchange to boost non-ferrous metal derivatives marketNSE has signed an MoU with Bharat Metal Exchange to promote non-ferrous metal derivatives in India, aiming to strengthen price risk managem...
Karo Sambhav raises Rs 56 crore from Rainmatter to expand critical mineral recovery from e-wasteKaro Sambhav, a circular economy startup, secured Rs 56 crore from Rainmatter. This funding will boost their infrastructure for recovering ...
Inside Anil Agarwal’s $100bn vision: Vedanta Resources plans to relist with US as a likely targetVedanta's Anil Agarwal is listing four companies simultaneously. This move aims to unlock significant growth potential across its businesse...
Global power equations to shift further towards energy, critical minerals: Former Vedanta Group CEOGlobal power is shifting towards energy security and resource control. Geopolitical tensions are reshaping industrial supply chains. Critic...
India’s silver market faces purity crisis amid soaring investment demandCounterfeiters are flooding the Indian market with impure silver, exploiting rising prices and demand. Refiners are urging mandatory hallma...
For risk-takers with long-term perspective: 10 small-cap stocks from different sectors with upside potential of up to 31%If you buy small-cap stocks today, are you taking a risk or managing it? To some it might appear you are taking a risk, but there is a high...
India’s $1 trillion import dependence makes green transition a strategic necessityIndia faces significant import reliance across key sectors. Aatmanirbharta requires a growth model shift, with the green economy offering a...
India's EV battery demand to grow 10 times to 200 GWh by 2032: IESAIndia's electric vehicle battery demand will surge tenfold by 2032. This growth presents significant opportunities in component localizatio...
Rosatom enters Indian market of additive manufacturingRussia's Rosatom has delivered its largest industrial 3D printer to India. This advanced machine uses electron beam technology to create la...
West Asia War: India could limit sulphur exports as supplies tighten, sources sayWest Asia War: India may soon limit its sulphur exports. Industry groups have raised alarms about rising prices and supply chain issues. Th...
Coal India, NMDC emerge as must-watch mining plays as spot prices surge, says Motilal Oswal's Siddhartha KhemkaIndia's mining and metals sectors show strong opportunity with surging coal and iron ore prices, benefiting Coal India and NMDC. Private ba...
Government tightens norms for sale of aluminium, copper, and nickel from DecemberMinistry of Mines has issued Quality Control (QC) orders to restrict the sale of poor-quality aluminium, copper, and nickel from December 2...
Multibagger Jindal Stainless rises 4% after acquiring 49% stake in Indonesian firmThe investment will buy Jindal Stainless the first right of refusal for the nickel pig iron smelted at the proposed plant, but no concessio...
Jindal Stainless to invest Rs 1,290 crore in nickel pig iron JV in IndonesiaJindal Stainless will be making the investment from internal accruals, according to Abhyuday Jindal, the company’s managing director. The i...
FICCI seeks zero customs duty on ferronickel; higher import levy on stainless steel flat products in BudgetFinance Minister Nirmala Sitharaman is scheduled to present the Union Budget for FY2022-23 on February 1, 2022. In its budget recommendatio...
Vedanta Ltd acquires nickel and cobalt maker Nicomet in Goa“India imports 100% of its Nickel requirements; our focus will be to boost domestic production that would fuel India’s transition to a Net ...
Nickel prices may see a fall, says Naveen MathurInitially, the developed economies accounted for a huge share in the world nickel consumption, but this has witnessed a change.
- Union Budget 2011: Abolition of import duty on stainless steel to lower production cost
The Budget has proposed to cut duty on scrap to 0 from 2.5% and that on ferro nickel to 2.5% from 5%.
- Nickel futures up 2% at Rs 1,296
Nickel futures on the Multi Commodity Exchange (MCX) jumped more than 2% with October nickel trading 2.63% up, at Rs 1,296 a kg, on rising ...