Saket Kumar

Hindustan Copper appoints advisers for proposed Chile mine acquisition: CMD

The state-run miner has appointed transaction advisers for its proposed acquisition of four copper mines in Chile, with due diligence under way amid regulatory processes

Only 8 of 23 coal blocks get bids in latest commercial mine auction round

The Coal Ministry received 21 bids from 16 companies, including four first-time participants, for eight of the 23 coal blocks offered in the latest auction round

Elevated coal costs seen capping Q1 margin recovery for steel firms

Steel producers are expected to post weaker-than-expected Q1 margin recovery as higher coking coal, freight and operating costs offset gains from stronger domestic steel prices

India, Aus deepen energy ties, operationalise civil nuclear cooperation

The two countries finalised arrangements for long-term Australian uranium exports to India and expanded cooperation in critical minerals, mining, renewable energy and energy security

SAIL CMD Panda warns high taxes, royalty to make iron ore costlier

SAIL warns higher royalties and mining levies could raise iron ore costs, adding pressure on India's expanding steel industry amid decarbonisation challenges

Govt sets Jan schedule for first pact signing of coal-gasification projects

The coal ministry has issued the final RFP under its Rs 37,500 crore coal gasification scheme, targeting the signing of project agreements by January 4, 2027

France pitches processing partnership for India's rare earth ambitions

French official says India should invest in rare earth processing and refining before domestic mines start production, while expanding technology, financing and research partnerships

Panel clears coal supply for Torrent's Gujarat replacement power plant

The Standing Linkage Committee recommended long-term coal linkage for Torrent Power's proposed Gujarat plant and approved coal supply proposals for projects in Madhya Pradesh and Rajasthan

Coal India's Q1 output falls 7.5% as supplies rise, stocks decline

Coal India produced 169.6 MT of coal in Q1 FY27, down from 183.4 MT a year earlier, while supplies rose 3.5 per cent as the miner reduced pithead stocks

Coal output from captive and commercial mines rose 14.9% in June

Dispatch also increased in June as three new mines, including the Urtan coking coal block, commenced production during the first quarter of FY27

Coal block allocatees now have option to produce insurance surety bonds

Coal block allocatees under the MMDR Act can now use insurance surety bonds instead of performance bank guarantees, easing financing constraints and improving business ease

India's coal imports fall 13% in April; power sector imports drop 25%

Improved domestic coal supplies helped reduce import dependence, with power sector imports falling nearly 25 per cent even as coking coal purchases edged higher

NITI Aayog plans policy to recover critical minerals from mine waste

A technical committee is examining royalty, incentives and commercial viability for extracting critical minerals from mining waste before submitting policy recommendations to the government

Coal India to invest ₹1,900 crore in R&D by FY30 to drive innovation push

State-run miner will scale up research through NaCCER, Centres of Excellence and global partnerships, focusing on clean coal, carbon capture and advanced mining technologies

Andhra Pradesh to allocate land for ₹20K crore rare-earth projects

Of the total, around Rs 16,000 crore is expected to come from upstream processing projects, while downstream magnet manufacturing could account for another Rs 4,000 crore

₹37,500-cr coal-gasification scheme links incentives to competitive bids

Scheme links incentives to competitive bids and project milestones, with subsidy caps and penalties to accelerate coal gasification and reduce import dependence

Power sector faces cost pressure from rising aluminium, copper prices

Rising aluminium and copper prices are driving up costs for India's power equipment and renewable energy sectors, squeezing margins and project economics

Vedanta says decade-long contribution to exchequer reaches ₹4.83 trillion

Vedanta said its payments to the national exchequer rose 13.3 per cent in FY26 to Rs 62,722 crore, taking its cumulative contribution over the past decade to Rs 4.83 lakh crore

Mospi proposes framework to assign monetary value to India's coal reserves

The ministry has recommended the OECD methodology for valuing coal reserves, saying it could strengthen natural capital accounting and support evidence-based policymaking

Centre auctions 10 critical and strategic mineral blocks in seventh tranche

India auctioned 10 critical mineral blocks in the seventh tranche, expanding domestic supply efforts for rare earths and strategic minerals across new states