NMDC-KIOCL merger on cards, awaits clearances from ministries, regulators
NMDC continues to meet the country's iron ore demands, achieving a turnover of Rs 21,294 crore in financial year 2023-24 ...
Muscat Daily5h
Vale, Jinnan to set up over $600mn iron ore concentration plant in Oman
With an initial investment exceeding $600mn, the state-of-the-art facility is expected to support the development of Oman’s ...
omanobserver5h
Over $600 million for first iron ore plant
BUSINESS REPORTERMUSCAT, OCT 27Under the auspices of Qais bin Mohammed al Yousef, Minister of Commerce, Industry and ...
JSW Steel expects H2 turnaround after imports wash out Q2 margins
The company’s Q2 Ebitda per tonne fell 31% after steel prices dropped in September to the lowest level since the covid-19 ...
NMDC - KIOCL merger being explored
NMDC considers merger with KIOCL due to latter's mining challenges, detailed proposals in progress for approval soon.
‘Living standards will suffer’: Australia’s bleak economic future revealed
China’s slowdown and diversification away from Australian iron ore will have an impact on our economy, but experts differ on ...
Karnataka court sentences Congress MLA to 7 years in jail in six mining fraud cases of 2010, imposes fine of Rs 44 crore
Satish Sail, a Congress MLA from Karwar, was convicted on October 25 in the six cases and now faces disqualification under ...
Australia, the land of iron ore exports, faces a green reckoning
Iron ore miners in South Australia are moving to produce more environmentally friendly steel in the hope they can keep being ...
Sanjeev Gupta, owner of Whyalla steelworks, is $1.3b down, but not giving up on 'chosen path' to profitability
As Sanjeev Gupta’s global empire lurches from one crisis to the next, the metals tycoon has told ABC News he’s committed to ...
Mining2d
Rio Tinto signs MOU with China’s Nanjing Steel on decarbonization
Upstream mining giants have accelerated cooperation with their big consumers on decarbonizing the steel value chain to cope ...
JSW Steel Q2 results: Net profit falls 85% to Rs 404 crore as cheap import pressures hit realisations
Revenue declines 11% to Rs 39,684 cr, as import pressures hurt prices. The company also recognised an exceptional charge of ...
JSW Steel slides as Q2 PAT tanks 85% YoY to Rs 404 crore
JSW Steel declined 2.53% to Rs 933.85 after the company's net profit slumped 85.43% to Rs 404 crore on 10.90% decline in total revenue to Rs 39,684 crore in Q2 FY25 over Q2 FY24.