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Vedanta Aluminium vs Vedanta Power: Which can give investors better wealth in Rs 2 lakh crore demerger playVedanta's demerger has created distinct investment opportunities in Vedanta Aluminium Metal and Vedanta Power. Vedanta Aluminium, valued at...
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...
Vedanta listing: Why its aluminium business is the undisputed crown jewel of the mega 4-way demergerFour demerged entities of Anil Agarwal-led Vedanta Group are set to begin trading on Monday, with Vedanta Aluminium Metal Ltd (VAML) expect...
Hindustan Zinc plans Rs 50k-crore capex pipeline for next 5 yearsHindustan Zinc will invest ₹40,000-50,000 crore in the next five years. This will double refined metal capacity and ore production. Metal r...
Vedanta's Rs 1 lakh cr projects to be reviewed every fortnight to ensure timely completion: Odisha CM MajhiOdisha Chief Minister Mohan Charan Majhi announced that Vedanta's proposed projects, valued over Rs 1 lakh crore, will undergo fortnightly ...
The aluminium boom is here: Why Morgan Stanley says Hindalco is set to explodeMorgan Stanley initiated coverage on Hindalco Industries with an ‘Overweight’ rating and a target price of Rs 1,325, citing a favourable al...
Nalco's alumina exports to West Asia affected due to geopolitical tensions, says CMDGeopolitical tensions in West Asia have impacted National Aluminium Company Ltd's (Nalco) exports, which previously accounted for 40-50% of...
Why are copper prices near high and will the momentum continue?Copper prices remain near record levels, supported by AI-driven data centre demand, global electrification, tight mine supply and geopoliti...
As oil surged, another commodity quietly caught fire in Iran warIran War: Global aluminium prices are soaring to four-year highs as the Strait of Hormuz closure disrupts vital trade routes. Gulf smelters...
Hindalco announces Rs 21,000-cr aluminium smelter expansion in OdishaHindalco Industries is investing 210 billion rupees to expand its aluminium smelter in Odisha. The company has also commissioned a new faci...
Hindustan Zinc approves ₹12,000 crore worth project; shares fall over 4%Hindustan Zinc Ltd (HZL) announced an ambitious capacity expansion plan to double its zinc, lead, and silver production, investing ₹12,000 ...
Anil Agarwal talks of moving Konkola Copper Mines to Vedanta Ltd at 'right valuation'The Zambian government, which owns a 20 per cent stake in KCM, will allow Vedanta to resume control and operate KCM's mines and smelter aft...
Coal India board approves pre-feasibility report for greenfield aluminium project in OdishaThe greenfield aluminium project will include bauxite mining, alumina refinery, aluminium smelter and associated captive power plant by its...
Hindustan Zinc mined metal production rises 4% to 2,48,000 tonnes in Q2Integrated metal production was 2,09,000 tonnes for Q2 FY'22, whereas integrated lead production was 47,000 tonnes for Q2 FY'22.
Lower aluminium prices not really sustainable in the long run: S K Roongta"China will continue to be the major driver of aluminium demand across the globe."
Liberty House secures financing to acquire Rio Tinto's aluminium smelter in FranceThe loan for the aluminium smelter which the company has received the commitment has been secured on a "standard financial terms" and provi...
Indian-origin tycoon Sanjeev Gupta to rescue UK's last aluminium smelterGupta's plans include creating an aluminium wheel manufacturing facility with 300 jobs directly and another 300 in the supply chain.
- Hindalco to invest over Rs 19,800 cr for capacity expansion
Hindalco Industries, the flagship company of the Aditya Birla Group, today said it will invest over Rs 19,800-crore in the next three years...
- NALCO to invest Rs 30,000 cr to build smelter in Indonesia
State-run National Aluminium Company (NALCO) plans to invest a whopping Rs 30,000 crore over the next five years for setting up a smelter a...
- Sterlite Q4 net surges 51% on higher volumes
Sterlite Industries (India), a unit of the Anil Agarwal-controlled Vedanta Resources, on Friday said consolidated net profit surged 51% in ...