metal
MCX launches base metal index MCXMETLDEX; know price, features, advantages here!
Mon, Oct 19, 2020
India’s largest commodities exchange – Multi Commodity Exchange of India Limited (MCX) today launched the first base metal futures index of the country. MCXMETLDEX will track the real time performance of basket of five base metals futures viz. zinc, copper, nickel, lead and aluminium
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Hindalco’s net debt to EBITDA increased after Aleris acquisition: Satish Pai, MD
Tue, Aug 18, 2020
Aluminium business performance was strong in the first quarter, while copper business was hit due to closure of smelters in Dahej, Gujarat, says Satish Pai, Managing Director, Hindalco. During an interview with Zee Business Executive Editor Swati Khandelwal,, Mr Pai said, Copper should be back to normal levels in the second quarter
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Tata pension deal raises questions for Thyssenkrupp merger
Thu, May 18, 2017
The British Steel Pension Scheme has been the major hurdle to a tie-up between Tata`s British and European steel assets with those of Thyssenkrupp. After the announcement of the pension deal Thyssenkrupp`s shares jumped 3 percent to a two-month high on Wednesday.
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Vedanta to invest $10 billion on expanding business
Sun, Feb 19, 2017
"We have the potential to spend $10 billion over a period of five years; we are looking at 3,50,000 barrel of oil... To have 100,000 barrel equivalent to gas. We are looking to integrate 3 million tonnes capacity for the aluminium," the mining baron told PTI in a telephonic interview.
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NMDC in talks to acquire stake in Vietnam's tungsten mine
Sun, Feb 19, 2017
"Recently a team from NMDC visited the plant and held initial discussions with Masan Resources. NMDC is interested in acquiring a considerable stake in the mine as Ministry of Defence has also expressed interest to buy the metal from NMDC. A decision will be arrived only after a due diligence," sources told PTI.
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