Category: Metals and Mining Industry News
Kiwi startup Foundry Lab raises $8m for digital metal casting in Series A
Foundry Lab, a New Zealand-based digital metal casting startup, has raised $8 million in a Series A funding round led by venture capital fund Blackbird ... Read More
UltraTech Cement begins mining from Bicharpur coal mines
UltraTech Cement Limited said that it has started mining coal from its Bicharpur coal mines in Madhya Pradesh, India. The Indian cement manufacturing company said ... Read More
TCS roped in by South32 to boost operational resilience and agility
Tata Consultancy Services (TCS) has been roped in as a strategic partner by Australian mining and metals company South32 to improve its IT operating model ... Read More
Kirloskar Ferrous to buy 51% stake in Indian Seamless Metal Tubes for Rs 476.5cr
Kirloskar Ferrous Industries (KFIL), an Indian castings and pig iron manufacturer, has signed a deal worth INR 476.63 crores to acquire a majority stake of ... Read More
Ramkrishna Forgings bags Rs 90cr contract in oil and gas sector
Ramkrishna Forgings said that it has bagged a domestic contract worth INR 90 million ($ 1.2 million) from a multinational oil and gas Tier-1 component ... Read More
Mitsubishi to sell UNICAN, Mitsubishi Aluminum to Showa Aluminum Can
Mitsubishi Materials has agreed to sell its subsidiaries Universal Can Corporation (UNICAN) and Mitsubishi Aluminum to Showa Aluminum Can, which is owned by funds managed ... Read More
Hindustan Zinc Limited incorporates new subsidiary – Hindustan Zinc Alloys
Vedanta’s subsidiary Hindustan Zinc Limited, an India-based mining and resources producer of zinc, lead, cadmium, and silver has incorporated a fully-owned subsidiary called Hindustan Zinc ... Read More
Hilton Metal Forging develops indigenous solid forged railway wheels
Hilton Metal Forging Ltd said that it has become the first Indian MSME company to develop, obtain approval, and supply 100% indigenous solid forged railway ... Read More
NALCO posts 600% growth in net profit at Rs 748cr in Q2 FY 21-22
National Aluminium Company Limited (NALCO) has posted a 600% increase in its net profit of INR 748 crores for Q2 FY 21-22, compared to a ... Read More
Hindalco subsidiary Novelis to invest $300m for Zhenjiang plant expansion
Novelis, a subsidiary of Hindalco Industries, has announced a further investment of $375 million for expanding its rolling and recycling capabilities at its aluminum factory ... Read More
