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CHROME MINERS
Time to think of the repair cycle? 8 engineering stocks from India’s capital goods ecosystem with upside potential of up to 26%At a time when the markets are focused on war, crude oil, inflation, and supply disruption, it is easy to miss a quieter shift. India’s eng...
Tata Steel shares jump 2% to fresh record high: What's driving the gains?Tata Steel shares surged to a new record high on Tuesday. This rise followed the Odisha High Court's decision to quash state government dem...
Tata Steel Mining Ltd to double its ferro chrome manufacturing capacityTSML said it had acquired three chromite mines in the 2020 mineral auctions --Sukinda Chromite Mine, Saruabil Chromite Mine and Kamarda Chr...
Tata Steel subsidiary bags second chrome mine after Misrilall in e-auction in OdishaThe aggressive bidding for the chrome deposits has surprised some in the industry despite the fact that the Saruabil mine was considered a ...
Industry divided over Odisha's decision to auction chrome minesNeither the players, dependent on these mines, nor Tata Steel which both sold and consumed chrome from the mine is happy with the state gov...
Odisha slaps demand notices of Rs 3,200 crore on chrome minersOdisha has slapped demand notices of more than Rs 3,200 crore on chrome ore players in the state, including Tata Steel, IMFA, Facor and Bal...
Odisha slaps Rs 20,169cr penalty notice on Mahanadi coalfieldsA second batch of claims, totalling about Rs 2,000 core, for alleged violations of air and water pollution acts, forest act, and for exceed...
Tata Seel starts to produce ferro-chrome in GopalpurTata Steel has two other Ferro-chrome plants in Odisha- a 65,000 TPA plant at Bamnipal in Keonjhar and the other at Athagarh in Cuttack of ...
Tata Steel's Ferro-Chrome plant at Gopalpur starts productionAs part of the anchor investment in Tata Steel's Gopalpur Industrial Park, the Rs 542 crore Ferro-chrome plant has an installed capacity of...
Tata Steel's Odisha ferro-chrome plant starts productionIt is the first plant in India to use briquetting method of chrome ore fines agglomeration.
Odisha state panel to decide on Sukinda mine's captive status next weekThe question before the committee when it meets, though, will be whether to extend its lease, last running as a merchant mine, as non-capti...
- Tata Steel to add 1.1 lakh tonnes in its FAMD by 2014
FAMD, non-steel BIZ unit of Tata Steel, is planning to add 55,000 t of ferro chrome and silico manganese production capacity each in Gopalp...
- Orissa govt to form expert committee for mineral pricing policy
Orissa govt will soon set up an expert committee to frame a 'pricing policy' on minerals to enable local steel makers compete with steel co...
- Posco takes 24% equity in IMFA arm for $5 million
Posco has taken a 24% equity stake in an arm of IMFA, as ownership in a pure-play mineral company would ensure critical raw material linkag...
- Centre, Orissa govt close eyes to loot of mineral resources
The Union as well as Orissa government appears to have closed their eyes to a broad daylight “robbery” of high grade chrome ore from Tailan...
- Steel ministry wants powers to grant ore mining lease to speed up projects
The steel ministry has sought powers to grant iron ore mining lease to companies in a bid to fast-track steel projects.
- CAG raps OMC for mismanagement and absence of business approach
Comptroller and Auditor General has rapped state-owned Orissa Mining Corporation for mismanaging its affairs and complete absence of busine...
- Jindal Stainless buys chrome ore assets in Middle East, Europe
Jindal Stainless (JSL), the country’s largest stainless steel maker, has acquired chrome ore assets in the Middle East and Europe.
- JSL acquires chrome ore assets
Jindal Stainless, India's largest stainless steel maker, has acquired chrome ore assets in the Middle East and Europe. The company has also...
- VISA Steel in JV for Rs 260-cr Orissa plant
Visa Steel inks a joint venture agreement with Baosteel Trading and VISA Comtrade for setting the plant.