Category: Metals and Mining Industry News

Novelis to build $2.5bn aluminum recycling and rolling plant in Bay Minette

businessnewstoday- May 11, 2022 0

Novelis, a fully-owned subsidiary of India-based Hindalco Industries, will construct a $2.5 billion aluminum recycling and rolling plant in Bay Minette, Alabama. Expected to be ... Read More

GOCL wins Rs 415cr contract from Singareni Collieries

businessnewstoday- May 8, 2022 0

GOCL Corporation Limited, the Hyderabad-based chemicals business of the Hinduja Group, said that it has won an order worth INR 415 crores from the Singareni ... Read More

Tata Steel acquires 12 million shares in TRF Limited

businessnewstoday- May 8, 2022 0

Tata Steel said that it has acquired 12 million shares in TRF Limited, a manufacturer of material handling equipment, for a price of INR 12 ... Read More

Hindalco subsidiary Novelis begins construction on $365m aluminum recycling center

businessnewstoday- May 8, 2022 0

Novelis, a US-based aluminum solutions provider, has started construction on a $365m aluminum recycling center in Guthrie, Kentucky to cater to the automotive sector in ... Read More

Coromandel to acquire stake in Senegalese rock phosphate miner BMCC

businessnewstoday- May 7, 2022 0

India-based Coromandel International has agreed to acquire a stake of 45% in Baobab Mining and Chemicals Corporation (BMCC), a Senegalese rock phosphate mining company, for ... Read More

Jindal Stainless Q4FY22 profit soars by 156% to Rs 750cr

businessnewstoday- May 3, 2022 0

Jindal Stainless Limited (JSL) has reported a profit after tax (PAT) of INR 750 crores for the fourth quarter of the fiscal year 2022 (Q4FY22), ... Read More

ArcelorMittal to acquire 80% stake in HBI plant from voestalpine

businessnewstoday- April 15, 2022 0

ArcelorMittal has agreed to acquire a stake of 80% in a hot briquetted iron plant (HBI plant) owned by Austrian steel industry company voestalpine in ... Read More

JSW Steel gets environmental nod for Rs 650bn steel plant in Odisha

businessnewstoday- April 11, 2022 0

JSW Utkal Steel (JUSL), a fully-owned subsidiary of JSW Steel, has secured the environmental clearance (EC) for establishing a greenfield integrated steel plant in Odisha ... Read More

Wipro roped in as technology partner by German aluminium firm Speira

businessnewstoday- March 25, 2022 0

Wipro said that it has been roped in as a technology partner by Speira, a German aluminium rolling and recycling company. Speira was founded last ... Read More

Tata Steel Long Products signs agreement to acquire 93.7% stake in NINL

businessnewstoday- March 10, 2022 0

Tata Steel Limited and Tata Steel Long Products Limited have signed a share sale and purchase agreement for acquiring a stake of 93.71% in Neelachal ... Read More