Page 2 - Saket Kumar

Rare Earth Corridor gains momentum as Andhra targets ₹50,000 cr investment

State plans integrated rare earth ecosystem with mining, processing and manufacturing as India seeks to reduce dependence on China for strategic minerals

Coal India Q4 results: Net profit rises 12% on higher other income

Coal India's Q4 profit rises 12% on higher income, but weak offtake and softer FY26 performance highlight demand concerns despite diversification push

Iran war has trebled key input costs: Hindustan Zinc's CEO Arun Misra

Arun Misra says the miner is preparing a $500-600 million capex programme, targeting a doubling of metal production over three to four years while expanding its silver and critical minerals businesses

₹5,000 cr incentive for states to boost mining blocks' auction, ops

Centre launches Rs 5,000 crore incentive scheme under SASCI to reward states for mining reforms, mine operationalisation, and boosting mineral production in FY27

Hindustan Zinc Q4FY26 results: Net profit rises 68% to ₹5,033 crore

Hindustan Zinc reports record quarterly profit and revenue, driven by higher zinc and silver prices, strong output, and lower costs, with margins expanding in Q4 FY26

BCCL offers up to 10% discount to power plants for higher coal offtake

BCCL has introduced a scheme offering up to 10% cash discount to power plants for higher coal offtake in Q1 FY27 to boost lifting and support stable power generation

Shyam Metalics to invest ₹700 cr in downstream aluminium plant in Odisha

The project, being developed through its step-down subsidiary Smel Steel Structural Pvt Ltd, is in an advanced stage and is expected to be commissioned by June 2026, the company said

India coal output declines in FY26; March sees first drop in over a decade

India's coal output growth turned negative for the first time since Covid, with March production contracting amid supply shortfalls, inventory drawdowns and weaker pricing

Cement firms may see up to 19% profit hit under carbon scheme: ICRA

ICRA said India's carbon trading scheme may raise costs over time, with cement firms facing up to 19 per cent profit hit as emission targets tighten

NavPrakriti to invest ₹100 crore in Odisha critical minerals facility

Battery recycling firm plans greenfield plant to extract cobalt, nickel and lithium, boosting domestic recovery of critical minerals and strengthening supply chains

Vedanta sets May 1 as record date for long-awaited demerger plan

Vedanta moves ahead with restructuring plan to split into four independent listed entities, with shareholders to receive one share in each business

Coal ministry launches 15th auction, offers 17 blocks to boost output

Seventeen coal blocks, including reoffered mines, put up for auction as Centre looks to enhance domestic production and strengthen energy security

Parliamentary panel flags policy, capacity gaps in offshore mining push

Govt annulled first auction of 13 offshore mineral blocks after muted investor response last December

MSME copper recyclers face shutdown risk amid West Asia conflict

Units warn of permanent shutdowns and curtailed operations as West Asia conflict disrupts scrap supply, raises costs, and strains liquidity; government relief sought

India, Russia explore deeper steel sector cooperation at joint round table

Both sides reviewed existing engagements and discussed expanding cooperation across the steel value chain and related industries, according to an official statement

Coal Ministry to launch 15th round of commercial mine auctions on April 17

Coal Ministry to launch 15th auction round of commercial coal mines on April 17, aiming to boost domestic supply, attract investments and strengthen India's energy security

Govt to launch 15th round of commercial coal mine auctions on April 17

The government will launch the 15th round of commercial coal mine auctions in Mumbai, aiming to boost domestic supply, attract investment, and strengthen energy security

Govt notifies pricing norms for low-grade iron ore to boost production

The Centre has introduced a pricing mechanism for low-grade iron ore to make beneficiation viable, reduce royalty burden and ensure steady supply to the steel industry

India leads steel demand growth as global outlook weakens: Report

West Asia conflict is expected to drag steel demand in key regions, while India remains the fastest-growing major market supported by infrastructure push and consumption trends

West Asia crisis: Export of recycled metals hit as war-risk charges persist

Indian exporters continue to face steep war-risk and freight charges despite a ceasefire, with rising logistics costs eroding margins and disrupting supply chains