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CHROME MINES
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...- How much will Vedanta's share price fall after adjusting to demerger tomorrow? What experts sayVedanta shares are poised for a significant adjustment tomorrow following a special pre-open session, with analysts projecting a price rang...
- 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...
- Think beyond the war? 8 stocks from different segments of the engineering and capital goods sector, with upside potential of 6 to 42%At this point of time, anything related to the Middle East is in trouble. Unlike past Gulf wars, the whole region is affected this time, wi...
- 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...
- Dispute over Saruabil Mine delays Tatas from being declared winnerAfter Tata Steel unit emerged as highest bidder, Misrilall Mine approached the Orissa High Court against denial of licence extension to it,...
- HC asks state to let Misrilall Mine match highest bid to retain Saruabil MineMisrilall Mine, which has been mining it for the past 65 years, had approached the Orissa High Court against denial of a licence extension ...
- 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 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...
- 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 in talks to buy Visa Steel’s ferro chrome unitTata Steel is in advanced talks to buy Electrosteel Steel for an enterprise value of about Rs 8,000 cr, ET NOW had earlier reported on the ...
- Ferrochrome makers plan facility expansion to handle rising demandIndian ferrochrome makers are currently dependent on China, the world’s largest maker of stainless steel, which is also the biggest importe...
- Tata Steel shuts down ferroalloy plant due to shortage of raw materialThe 50,000 tonne plant in Odisha was dependent on the company's Sukinda chrome ore mines, an 84.317-million-tonne deposit spread over 406 h...
- IMFA requests Orissa High Court to restrict Tata Steel’s mining of chrome to what it requiresIndian Metals and Ferro Alloys, one of the country’s largest chrome producers, has gone to court to stop the Odisha government from allowin...
- Orissa mining to e-auction chrome from second quarterBeginning second quarter, Odisha's state-owned mining firm will e-auction chrome, an ore essential to make stainless steel.
- Posco takes 24% equity in IMFA arm for $5 millionPosco 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 resourcesThe Union as well as Orissa government appears to have closed their eyes to a broad daylight “robbery” of high grade chrome ore from Tailan...
- Jindal Stainless buys chrome ore assets in Middle East, EuropeJindal Stainless (JSL), the country’s largest stainless steel maker, has acquired chrome ore assets in the Middle East and Europe.
- JSL acquires chrome ore assetsJindal Stainless, India's largest stainless steel maker, has acquired chrome ore assets in the Middle East and Europe. The company has also...
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