West coast Indian miner Fomento Resources has offered a cargo of 57%-Fe iron ore fines material through a spot tender Thursday, making this the first iron ore shipment the miner will send out of Goa after the state's mining bans were ...
Tags: Fomento Resources, seaborne prices, Iron Ore
Indian miner Vedanta Resources has announced that in the January-March period this year it produced 1.5 million mt of iron ore, after resuming mining operations in the Indian state of Karnataka on December 28, following clearance from the ...
Tags: Vedanta Resources, mining
Indian miner Vedanta Resources has announced its financial results for the first half ended on September 30 of the financial year 2013-14. While Vedanta's profit after tax amounted to $243.4 million, falling 74.2 percent compared to the ...
Indian miner Vedanta Resources has announced its financial results for the fiscal year 2012-13 ended on March 31. Vedanta's profit after tax increased by 35.6 percent to $1.66 billion compared to the previous financial year, while the ...
Tags: Iron Ore Mining, Metallurgy, Mineral&Energy, Karnataka
Indian miner Vedanta Resources has announced its production and sales results for the fourth quarter and the full financial year ending March 31. Vedanta stated that its iron ore operations have continued to be affected by suspension of ...
Tags: Vedanta, Iron Ore Production
Reuters reported that Vedanta Aluminium Ltd is considering layoffs within two months at its alumina refinery in Odisha as hopes of an immediate revival of the plant fade. Mr Mukesh Kumar president of VAL told Reuters that "We don't know ...
Tags: Vedanta Aluminium Ltd, alumina refinery, layoffs, plant fade
Reuters reported that demand for base metals in India could rise next week, particularly for copper and zinc, helped by a surge in construction activity and on higher buying of geysers and other heating equipment as winter sets in. ...
Tags: demand for base metals, copper and zinc, heating equipment
Moody’s Investors Service has affirmed Vedanta Resources Plc’s corporate family rating at Ba1 and its senior unsecured rating at Ba3. The outlook for both ratings remains negative. Vedanta’s rating reflects its earnings ...
Tags: Vedanta, rating, acquisition, cash flow
Reuters reported that Base metal demand in India is likely to remain buoyant next week on a surge in construction activities during the winter season. However, due to an expected decline in automobile sales in December, demand for lead ...
Tags: metal demand, construction activities, automobile sales
Employees at mines in Zambia, Africa's biggest copper producer, are demanding pay rises of as much as 50% next year. Mr Chishimba Nkole president of Mineworkers Union of Zambia said that talks with companies began last month and were set ...
Vedanta Resources PLC controlled by billionaire Mr Anil Agarwal is counting on a court verdict next month to secure raw material and revive a faltering USD 9 billion aluminum project in India. Mr Mukesh Kumar COO of Vedanta Resources said ...
BS reported that Vedanta Aluminium Limited which is facing a challenge to run its refinery at Lanjigarh beyond December 5th 2012 hopes to get some bauxite from external sources in 2 to 3 days. Mr Mukesh Kumar president and chief operating ...
Tags: Balco, refinery Lanjigarh, mineral industry
BL reported that Vedanta will fork out the right price arrived at a transparent process for buying out government's residual stake in Hindustan Zinc Limited and Bharat Aluminium Company. Mr Anil Agarwal chairman of Vedanta said that ...
Tags: Vedanta, Hindustan Zinc Limited, Bharat Aluminium Company
Mr Anil Agarwal chairman of Vedanta Resources Corporation was on a 3 days trip from November 21st to 23rd 2012, to Udaipur, which is also the head office of Hindustan Zinc, Vedanta group's flag ship company and the world's largest ...
Tags: Anil Agarwal, Vedanta Resources Corporation, zinc lead
Known in the industry as ‘Metal King’ Mr Anil Agarwal can easily earn a moniker like ‘takeover tycoon’. While strategic acquisitions have helped him build a business empire worth USD 70 billion, what places him in ...
Tags: India, Energy Surplus, Metal King, metal industry