metal
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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