The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …
Arun Kumar NEW DELHI PUBLIC sector mining firms NMDC and Coal India are forming a joint venture with West Bengal Mineral Development and Trading Company to acquire one of the largest coal blocks in the country having reserves of around 19 billion tonnes. Under the proposed structure, NMDC and Coal …
RAIPUR: As the Centre proposes to make it mandatory for mining companies to share 26% of profits with local communities, its own largest coal producing company spent just 0.5% of its profits on corporate social responsibility (CSR) projects in 2009, according to data with Chhattisgarh government. The company, South Eastern …
KOLKATA: NMDC has chalked out projects worth over Rs. 24,000 crore over the next five years. It is planning to expand its iron ore mining capacity to 51 million tonnes from 27 million tonnes now, besides setting up steel, pellet and iron ore nugget plants and beneficiation facilities. A Rs. …
Devjyot Ghoshal, Ishita Ayan Dutt & Arijit Barman / Kolkata/mumbai July 01, 2010, 1:09 IST About a fortnight ago, the International Coal Ventures Ltd (ICVL) board approved a binding bid for a deposit having estimated reserves of 220 million tonnes in Queensland, Australia. ICVL is a special purpose vehicle (SPV) …
It is for the politicians to act and prevent merchant miners, national or international, to play further havoc with the rich mineral assets of the country.
Sponge iron producers have appealed to the Union Government for protection against the impact of volatility in iron ore prices. They want the Government to ensure that there is no further increase in iron ore prices. A delegation is to meet the Steel Minister and the officials in the Ministry …
Union Minister for Steel Virbhadra Singh is upset over the alleged attempts to derail the Rs 260-crore Arki Limestone project, for which the Steel Authority of India Limited signed an agreement with the National Mineral Development Corporation (NMDC) in November 2009. Arki has huge limestone mining reserves to generate substantial …
The deadliest attack on Indian security forces in four decades of left-wing conflict underscores the challenge companies including ArcelorMittal, Posco and NMDC Ltd face in investing in mineral-rich states. Maoist rebels killed 76 officers in an ambush on Tuesday in Chhattisgarh, where NMDC operates its biggest iron-ore mine. In neighboring …
Abhineet Kumar / Mumbai April 6, 2010, 0:43 IST Apart from the recent increases in the prices of iron ore, that of the other key raw material, coal, has also moved steadily up. The recent price hike announced by steel producers is not the final one for April, as the …
As part of its overseas expansion plans, state-run miner NMDC, along with two other companies, has submitted a $230-million non-binding bid to buy 70 per cent stake in an Australian mine owned by Perth-based Atlas Iron.
The outlay on these projects is estimated at Rs.17,000 cr BANGALORE: NMDC will follow the Karnataka Government's policy on horizontal integration of iron ore mining by setting up a steel mill close to the mines leased by it at Donimalai in Bellary District, Joint General Manager C. Hanumantha Rao said …
Shortlists Tata Power, KSK Energy And Monnet Ispat For Developing Coal Blocks Subhash Narayan NEW DELHI NMDC plans to sign three separate joint venture agreements with Tata Power, KSK Energy and Monnet Ispat for developing coal blocks under public-private-partnership model. The country
