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CHROME ORE RESERVES
Vedanta listing: How billionaire Anil Agarwal's 'Fantastic 5' unlocked Rs 63,500 crore value with mega demergerVedanta’s long-awaited demerger culminated with the listing of four newly spun-off businesses, triggering a sharp market re-rating and unlo...- 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...
- OMC lost opportunity to earn Rs 1838.98 cr revenue: CAGThe OMC had to fix its production target on the lower side due to non-availability of the required statutory clearances in time, the Comptr...
- Balasore Alloys to acquire 70% share in Zimbabwe AlloysThe deal would involve a cash payment of US$ 16.47 million for acquisition of 70% shares from existing shareholders.
- Abolishing export duty on Chrome ore to hurt domestic industryThis decision will impact the domestic Ferro Chrome producers and impact the survival of struggling stainless steel industry.
- 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...
- India has no plan to restrict iron ore exports: MinisterIndia doesn't have any plan to restrict iron ore exports as domestic output is sufficient to meet industry requirements, Parliament was inf...
- Iron ore production sufficient to meet domestic demand: Narendra Singh TomarAgainst production of 207.16 million tonnes (MT) iron ore in 2010-11, domestic consumption of the key steel-making raw material was 107.22 ...
- No raw material shortage for industries in Odisha: GovernmentOdisha govt today claimed there was no shortage of raw materials for industries in the state even as the Opposition walked out of the House...
- 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...
- India keen to develop Zimbabwe's iron ore reservesIndia has evinced interest in partnering Zimbabwe for developing and utilising the low grade iron ore reserves in the African nation.
- Odisha sets up panel to fix policy for ore supply to industryThe Odisha government today set up a three-member Ministerial Committee for formulation of a policy to ensure smooth supply ore to state-ba...
- 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.
- 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.
- Budget 2012: IFAPA proposes WTO recommended level of duties on Ferro Alloys & its Raw MaterialsThe association is also looking forward to a reduction in the duty on basic raw material to 0% from the present level of 2.5%-7.5%.
- Tata Steel in talks to sell South African assetsTata Steel is in negotiations to dispose off its South African plant and assets to raise upwards of $150 million in cash.
- 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...
- Mini-steel cos ask govt to put curbs on iron-ore exportsThe mini-steel industry has now joined its bigger peers in asking for curbs on iron ore exports from the country.
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