Coal India shares nosedive 5% on govt stake sale plan
The government plans to sell 3% stake in CIL at a floor price of ₹225 per share, a discount of 6.7% to Wednesday’s closing price.
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Vital minerals, metals for clean energy dominated by one country—China: IEA
China accounts for 58% of Lithium processing which is key to new battery solutions.
Hindustan Zinc cheers investors with dividend; stock rises 2%
The Vedanta Group company has declared its second dividend of ₹15.50 a share, or 775%, for FY23, amounting to ₹6,549.24 crore.
IIP growth slows to 2.4% in July from 12.3% in June
The manufacturing sector grew 3.2% in July, power generation rose 2.3%, while mining output contracted 3.3% during the month under review, the NSO data showed.
Industrial output grows 7.1% in April
The quick estimates for the index of industrial output stood at 135.1 for April 2022, compared to 126.1 seen during the corresponding month of last year.
Budget 2022: Slash zinc, lead, silver imports, says Hindustan Zinc
Regulations on the import of non-ferrous metals need to be revisited to empower the domestic market, says Hindustan Zinc CEO Arun Misra.
SBI loan to Adani’s Australia coal project stuck
State Bank of India's ₹5,000 crore loan to Adani’s Carmichael coal project is stuck. Exposure is subject to approval from local government, says SBI chairman Dinesh Khara to Fortune India.
Anil Agarwal: The man with the Midas touch
Vedanta Resources chairman Anil Agarwal’s superpower is resuscitation. He has 10 examples to prove it.
Who’s interested in Afghanistan’s lithium?
What connects mobile phones, the Taliban, India and China? A metal called lithium.
Goa’s CM vs. the mining lobby
Manohar Parrikar has gone head to head with the large mining companies in Goa. At the same time, he knows he needs mining to get the state’s economy moving. What’s a chief minister to do?
