ET reported that with the commencement of Mahan smelter and Utkal alumina refinery in nearly three months' time, worse days for Hindalco seem to be over. The management of the company expects the Mahan smelter to start production by ...
Tags: Mahan smelter, Utkal alumina refinery, captive coal, coal industry
According to the Planning Commission, the Indian power sector is one of the most diversified in the world. India is the fifth largest producer of electricity in the world and, while the State Governments account for 51.5% of the total ...
Tags: India, power sector, electricity, energy
Chinese steelmaker Echeng Steel and China Pingmei Shenma Group, a state owned coal producer based in Henan province, have reportedly set up a joint venture in Hubei province. Industry sources said that both sides have a 50% stake in ...
Tags: Echeng Steel, Pingmei Group, coal, coke
Bloomberg reported that Austrian steelmaker Voestalpine AG said on December 19 it may construct a EUR 500 million factory in the US to benefit from cheap gas. Nucor Corp also plans to start up a USD 750 million Louisiana project in mid ...
Tags: Voestalpine AG, steel, gas, Austria
It is reported that Turkey is set to sign a major coal field and power plant development agreement with Abu Dhabi Energy Company, also known as TAQA. A spokesman for TAQA said that the Afsin-Elbistan field deal is likely to be agreed ...
Tags: Turkey, coal field, Abu Dhabi Energy Company, coal
Business Recorder reported that Pakistan Steel Mills Board of Directors has directed the management to obtain the opinion of Ukrainian contractors regarding the possibility of damage to the Coke Oven Battery-1 if it is preserved ...
Tags: PSM, Coke Oven Battery, Pakistan, Ukrainian
Business Line reported that the fate of BOT berths to be built at Paradip port by way of PPP to handle iron ore and coal continues to be uncertain. The concession agreements between the successful bidders and the port authorities for ...
Tags: BOT berths, Paradip port, iron ore, coal
Business Line reported that Mr MP Purushothaman chairman of Empee Distilleries’ as saying that with Empee Distilleries’ major projects going on stream and a restructure at an advanced stage, the company hopes to do better in the ...
Tags: Empee Distilleries, MP Purushothaman, commercial development
Sweden-based Sandvik Mining has announced that it has signed a mining systems contract with South Africa's Sasol Mining (Pty) Ltd for the Shondoni Mine Materials Handling project in South Africa. The SEK 650 million ($101 million) ...
Tags: Sweden, Sandvik Mining, South Africa, Mine Materials Handling project
According to statistics released by Japan's Ministry of Finance, Japan's coking coal imports totaled 5.4 million metric tons in November last year, falling by 8.4 percent month on month and down 17.6 percent compared to November 2011. In ...
Tags: Japan, coking coal, imports, November
Coal exports from the Port Waratah Coal Services (PWCS) terminals based at Port of Newcastle in New South Wales, Australia, totaled 9.86 million mt in December, rising by 26.2 percent compared to November, according to the company's ...
Tags: PWCS, Port of Newcastle, Australia, coal, exports
In the week ended December 31, coal shipments from the Port of Newcastle in Queensland, the coal producing state of Australia, totaled 3.5 million mt, according to Newcastle Port Corporation. The figure constitutes an increase of 23.6 ...
Tags: Port of Newcastle, coal shipments, Australia, December
PTI quoted amid multiple woes facing the power sector,country's largest private electricity producer TATA Power said that concerted efforts are required from all stakeholders to tackle the problems. A raft of issues,dominated by fuel ...
Tags: PTI, TATA, fuel scarcity
PTI reported that the country's largest power producer NTPC will lay the foundation stone for the second stage of the 2,320 MW Mouda plant in Maharashtra. The Mouda project's second stage has two units of 660 MW. NTPC in a statement ...
Tags: PTI, NTPC, Mouda Plant, Maharashtra
Market watchers predict the local sharemarket will forge further ahead this year after surging almost 15 per cent last year, the result of a second-half recovery that defied concerns about sovereign debt in Europe and the US and a Chinese ...
Tags: shares, 2013, non resource sectors, sharemarket