Big boost for steel industry! Govt hikes export duty on iron ore, waives import tax on some raw materials
The import duty on ferronickel, coking coal, PCI coal has been cut from 2.5 per cent, in a move that will bring cheer to the steel industry.
May 22, 2022, 09:15 AM IST
SC cancels all mining leases in Goa, no operations post March 15
SC cancelled all iron ore mining leases in Goa
Feb 07, 2018, 10:57 AM IST
Tata Sponge production surges 8% to record 3.9Litres in FY17
The metal company produces high-grade sponge iron and has an annual manufacturing capacity of 3.9 lakh tonnes of sponge iron from its 3 kilns.
Jul 14, 2017, 18:26 PM IST
Vedanta arm wins tender to redevelop Mormugao port in Goa
Metals major Vedanta today said its subsidiary Sterlite Ports will redevelop Mormugao port in Goa on Develop, Build, Finance, Operate and Transfer (DBFOT) basis for 30 years.
Apr 15, 2016, 20:19 PM IST
Robot trucks now operating at Rio Tinto
Rio Tinto now has 69 driverless trucks operating 24 hours per day, estimating a saving of 500 work hours per truck per year.
Oct 19, 2015, 13:31 PM IST
Union minister says would quit if claim on Odisha mining mafia proved wrong
Union Tribal Affairs Minister Jual Oram Friday challenged that he would quit politics if his claim on illegal stacking of huge quantity of iron ore by mafia at the Rengra Railway siding and nearby areas in Sundergarh district, was proved wrong.
Oct 09, 2015, 16:13 PM IST
NMDC may invest Rs 40,000 cr in 8 years for capacity expansion
State-owned NMDC Ltd plans to invest Rs 40,000 crore in the next eight years to reach a target of 100 million tonnes per annum of iron ore production from the current levels of little over 30 MTPA.
Sep 29, 2015, 17:30 PM IST
Vedanta on major cost cutting drive at Goa iron ore business
Mining conglomerate Vedanta has started a major cost cutting drive at its iron ore business in Goa amid subdued market sentiments and depressed prices of the commodity in global markets.
Sep 15, 2015, 18:46 PM IST
BHP Billiton profit dives to 10-year low on commodities rout
BHP Billiton reported its worst underlying profit in a decade on Tuesday, gutted by plunging iron ore, copper, coal and oil prices, and said it would cut spending more deeply to shore up dividends.
Aug 25, 2015, 15:00 PM IST
More mining cos gear up to begin iron ore extraction in Goa
Following Vedanta, three more mining companies have expressed their intent to resume iron ore extraction activity in the state, a mining exporters' body in Goa has said.
Aug 23, 2015, 19:17 PM IST
Vedanta resumes iron ore mining in Goa, pegs rate below $45/tn
The Anil Agarwal-led company today said it has received all approvals to restart mining at its Codli and Bicholim mines in Goa while announcing the reopening of Codli mine.
Aug 10, 2015, 21:01 PM IST
Vedanta to start iron ore mining operations in Goa next week
Mining conglomerate Vedanta Ltd is likely to start iron ore mining operations at the Codli mines in Goa on August 10.
Aug 06, 2015, 18:13 PM IST
Tata Steel's iron ore dispatch in Jharkhand takes a hit
Tata Steel on Thursday said the stoppage of issuance of challans by the Jharkhand government has blocked the dispatch of iron ore from its Noamundi iron ore mine in the state to its steel plant in Jamshedpur.
Aug 06, 2015, 12:14 PM IST
BHP Billiton's iron ore production rises but gas slips
The Anglo-Australian firm said ore output for the three months to June rose by six percent from the same period last year.
Jul 22, 2015, 13:05 PM IST
Vedanta hopeful of resuming iron ore mining in Goa by Oct
Billionaire Anil Agarwal-led mining firm Vedanta Ltd Saturday said it is hopeful of restarting iron ore mining in Goa from October.
Jul 11, 2015, 19:20 PM IST
Tomar asks NMDC to raise output to meet 75 MT target by 2020
Tomar who had visited NMDC headquarters in Hyderabad to review its performance asked the PSU to focus on increasing iron ore production.
Jun 23, 2015, 15:48 PM IST
Working with states to enable mines auction by year-end: Tomar
The Centre is working with states to start by year end the auction process for about 200 mines containing minerals such as iron ore, bauxite and limestone, Steel and Mines Minister Narendra Singh Tomar said.
Jun 01, 2015, 21:13 PM IST
Vedanta says will work to lift cap on India iron ore output
A mining ban that had been in place in Goa since September 2012 was lifted last year, but the resumption of operations was delayed while the government gave environmental clearance.
May 27, 2015, 15:05 PM IST
India denies scrapping of Afghan iron-ore mining project
India has dismissed reports that an Indian consortium has scrapped a multi-billion dollar iron-ore mining deal in Afghanistan, saying only an analysis of the proposed project's opportunities and strengths had been done.
May 24, 2015, 23:10 PM IST
Parl Panel asks govt to allot captive iron ore blocks to RINL
A Parliamentary panel "strongly" reiterated its recommendation to the government to allot iron ore blocks to state-run steel major RINL to help it achieve the planned capacity addition of 20 million tonne (MT).
May 06, 2015, 21:14 PM IST
