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CHROME MINES AUCTION
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 arm to double ferrochrome manufacturing capacity“We will take both the organic and inorganic routes to augment our ferrochrome manufacturing capacity in India, leveraging the strength of ...
- India's mining sector to witness reforms, flurry of activities in 2021The reforms will pave the way for auctioning of at least 500 mineral blocks, Mines Secretary Anil Kumar Jain told PTI and emphasised that t...
- Despite lockdown, mining operations continue, scaled down by COVID-19 fearsWhile the 21-day lockdown has brought life to a standstill in most parts of the country, mining and transportation of ore continued in Odis...
- Vedanta implementing resolution plan for acquisition of FACORIn a regulatory filing the company said, the consideration for the acquisition is in the form of "upfront cash and non-convertible debentur...
- 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 ...
- Aggressive bidding derails Odisha's iron ore auctionsThe decision was taken after Adani group and ArcelorMittal, who participated in the first of two rounds of auctions, complained against JSW...
- 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...
- HC to hear petition alleging Odisha government's move to favour Tata SteelThe HC is hearing a petition challenging the Odisha government’s recommendation to increase the prescribed area cap allowed to an individua...
- Conditions for auctions of next few blocks in Odisha could keep Tata Steel outThe move comes in the wake of a court order staying auction proceeding of two iron ore deposit that the steelmaker had bid for in April.
- Centre’s move to get parliamentary approval for an Ordinance an uphill challengeOdisha, which accounts for 50-70% of the country’s production of iron ore, bauxite and chrome, is not the only state wary of the introducti...
- Coal auction lessons: Investors are willing to bet capital when transparent policy is offeredA valid concern of auctions is whether an asset bubble is being created, esp, when national mining cos are themselves announcing large grow...
- Odisha government decides to put all new mines up for auctionOdisha government has decided to put all new iron ore, bauxite and chrome mines up for auction, including one of Tata Steel.
- Mining royalties set for significant hikesReviewing royalty on major minerals - an exercise carried out by the central government every three years - the study group recommended a 5...
- World Bank offers support for Odisha's mineral sectorAsking Odisha government to identify a mineral resource corridor in the state, a World Bank delegation today offered to provide technical a...
- Odisha to reserve future metal leases for Orissa Mining CorporationThe Odisha government has decided to reserve all future iron ore, bauxite, manganese & chromite leases for Orissa Mining Corp.
- Odisha plans e-auction from next year to curb illegal miningIndia's top iron ore producing state of Odisha plans to go in for e-auction from next year to curb illegal mining.
- 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.
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