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PRODUCER OF PRIMARY NICKEL
Steel to stay costly through 2026, India to lead demand rebound in 2027: ReportGlobal steel demand will stay weak, growing just 0.3% in 2026, with China dragging growth while India emerges as a strong outlier. Despite ...- London Metal Exchange electronic trading resumes after nearly 3-hour outageThe London Metal Exchange's LME Select platform experienced a nearly three-hour outage on Monday due to a technical issue with its primary ...
- Vedanta puts in more than Rs 12,500 cr to boost metal manufacturing for EV sectorVedanta Ltd has invested over Rs 12,500 crore to enhance metal production. This move supports India's expanding electric vehicle industry. ...
- Vedanta Nico signs pact for supplying nickel to US-based AEsir TechnologiesVedanta Nico signed an agreement with AEsir Technologies to supply nickel for next-gen batteries. The partnership aims to develop nickel-zi...
- Nickel: The metal driving the EV revolutionFurther advances in nickel-containing battery technology means its increasing role in energy storage systems like secondary or reusable bat...
- Battery recycling firm Lohum raises $54 million in fundingSources told ET that the funding happened at a valuation of around $500 million. Nearly 90% of the funding came in equity, with the rest be...
- Centre pushes quality control on copper, nickel, and aluminium ahead by six monthsThe government has postponed the enforcement of quality control orders (QCO) on nickel, copper, and aluminium by six months, shifting the s...
- Cabinet approves royalty rates for lithium mining, niobium and rare earth elementsPrior to this decision, there was no royalty rate specified for these minerals and it was pegged at 12% of the average sale price (ASP), si...
- India's steel production can go up to 500 M tonnes by 2050: BHP top execIndia produced around 125 million tonnes of steel in FY23, which New Delhi plans to scale to 300 million tonnes by 2030, as per the Nationa...
- Metals recycling firm Runaya sees revenues doubling in FY24The production of aluminium generates about 1-2% of waste, generally referred to as aluminium dross. Runaya, which currently obtains this d...
- Vedanta shares bounce back after 8 sessions. Here's whyVedanta Resources, the parent company of Vedanta, in a statement, said it has pre-paid all its maturities tii March 2023 and has deleverage...
- Commodity supplies at risk if Russia hit by sanctionsRussia is the world's third largest producer of gold after Australia and China and accounts for about 10% of global mine production, which ...
- Shift to infrastructural spending, EVs likely to drive Nickel higherAfter collapsing in the early months of 2020, base metal prices recovered on the back of a stellar recovery in China’s economy (since Q2 -2...
- Electric vehicle demand to support nickel prices, but coronavirus concerns remainThe world's biggest miner of nickel ore brought forward the ban to January 2020.
- Will nickel continue to outperform other base metals?Nickel prices surged over 48% on LME (YTD) whereas prices on the MCX rose over 54%.
- MCX completes first physical delivery of Nickel June contractNickel is a naturally occurring, lustrous, silvery white metal.
- Can Arun Jaitley show some mettle for the steel sector in this Budget?Steel experts too believe that the landed price of raw materials is an important area to focus on.
- Budget 2013: FM imposes 4% excise duty on by-product silverThe move will have an effect on Vedanta group's Hindustan Zinc Limited which produces silver as by-product of zinc and lead mining.
- Water hyacinth may be new green fuel sourceThe troublesome water hyacinth could be an environment-friendly source of fuel. Siddha doctors say the water hyacinth is an excellent sourc...
- Global prices may nullify nickel duty cut gainsThe FM’s announcement of a duty cut on nickel from 5% to 2% is unlikely to benefit domestic stainless steel players.
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