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BAUXITE MINING DEAL
Mitsubishi to buy 30% stake in Australia's Aurukun bauxite projectThe deal marks Mitsubishi's first investment in the mining of bauxite, a raw material of aluminium, the trading company said in a statement.- Hindalco signs MoU with UltraTech Cement to deliver 1.2 mn metric tonne of bauxite residue annuallyWith this deal, Hindalco has become the world’s first aluminium company to achieve 100% red mud utilisation across three of its refineries....
- Odisha has assured bauxite for aluminium refinery: Vedanta chairman Anil AgarwalAgarwal said he was hopeful the raw material woes of the refinery, running currently at a third of its 6 million tonne capacity, would end ...
- Vedanta seeks quick supply of raw material in OdishaIn the absence of raw material supply within Odisha, Vedanta has been importing around 40 per cent of its bauxite requirement for Lanjigarh...
- Vedanta’s Rs 50,000-cr Odisha investment: How not to go about executing a mega project in IndiaVedanta group has almost everything to make aluminium. Just one problem: it doesn’t have the raw material, bauxite, and now has little hope...
- Second gram sabha also rejects VAL's plan of mining in Niyamgiri hillsFour days after Dongria Kondhs rejected bauxite mining in Niyamgiri hills, villagers of Kesarpadi also opposed mining in the hills.
- Gram Sabhas to decide on Vedanta's plan to source bauxite from OdishaThe gram sabha can also examine whether the proposed mining area, 10 km away from the peak, would in any way affect the abode of Niyam Raja.
- Protest against Vedanta in front of Indian High CommissionA noisy group of protesters crowded the entrance to the India High Commission demanding that the government stop the controversial Niyamgir...
- Vedanta’s Raykal deal hinges on L&T winning mining leasesVedanta has the option to acquire 100% in Raykal, only if L&T’s prospecting licence gets converted into a mining lease.
- Vedanta Aluminium acquires 24.5% stake in L&T subsidiary Raykal AluminiumVedanta Aluminium has acquired 24.5% stake in L&T promoted Raykal Aluminium for Rs 200.70 crore.
- Looking for acquisitions in 3-4 countries: VS Gadvi, MD, GMDCIn an interview with ET Now, VS Gadvi, MD, GMDC, talks about the quarterly performance as well as possible acquisitions.
- Vedanta to cut capex by $2 bn on Orissa fiascoVedanta Resources will cut its spending programme by as much as $2 billion over the next two years after failing to get clearance to mine b...
- Vedanta bags GMDC bauxite mining dealLeading mineral companies like Aashapura Minechem and Alpine Miners were also in the fray to get the bid in their favour.
- Deal with Vedanta likely in 10 days: VS GadhviET Now spoke to VS Gadhvi, Managing Director, Gujarat Mineral Development Corporation Ltd (GMDC), on Vedanta’s talks with the company for a...
- Vedanta Alumina gets violation noticeThe environment ministry has issued environmental violation notice to Anil Agarwal-promoted Vedanta Alumina’s Lanjigarh refinery.
- If shareholders okay Vedanta deal, govt has no issue: KhurshidThe govt today said it will have no issue with Vedanta acquiring Cairn India if shareholders of both the companies approve the deal.
- Environment Ministry stalls Vedanta's Niyamgiri project in OrissaThe Environment Ministry said that it is also examining penal action against Vedanta
- After metals, oil's the next level for us: Anil AgarwalIn a telephonic interview with The Economic Times, London-based metals tycoon Anil Agarwal spoke from London about the transaction, about t...
- Corruption plagues mining sectorBribery and corrupt business practices are the maximum in the mining and utilities sectors, two of India’s fastest growing industries, as b...
- Congress demands CBI probe into deal with VedantaCongress on Saturday demanded Orissa Chief Minister Naveen Patnaik's resignation and a CBI probe into the state government's deal with the ...
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