Page 3 - Saket Kumar

Coal India sees muted April e-auction demand despite strong premiums

Coal India allocated 39 per cent of the coal offered in April e-auctions, while premiums remained strong at 51 per cent over notified prices

Vedanta outlines mega expansion across aluminium, oil, power post demerger

Vedanta plans to double aluminium capacity, scale oil output and expand power portfolio as it pursues aggressive growth across sectors following its demerger

Jindal Stainless Q4FY26 net profit jumps 41%, flags margin squeeze

Strong Q4 and FY26 performance boosts Jindal Stainless, but rising fuel costs linked to the West Asia crisis may compress margins and moderate growth outlook in FY27

Industry body seeks nodal authority for recycling, flags policy gaps

MRAI highlights fragmented oversight and execution challenges in recycling policies, urging a central nodal body to ensure continuity, coordination, and effective implementation

Vedanta eyes three critical minerals, weighs rare earth magnet foray

Vedanta plans to add three critical minerals in five years and is evaluating rare earth magnet manufacturing as it deepens its play in India's strategic minerals ecosystem

Coal India output falls nearly 10% in April; offtake sees marginal decline

Coal India begins FY27 on a weak note with a sharp fall in April production and marginal decline in offtake, even as dispatches exceed output amid rising summer demand

Govt okays 58 critical mineral recyclers; investment commitments hit ₹5K cr

Companies pledge to create recycling capacity of 850 KTPA

Vedanta eyes three critical minerals, explores rare earth magnets

Mining major targets portfolio expansion and evaluates entry into rare earth magnet manufacturing as it deepens its role in India's strategic minerals ecosystem

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

Vedanta posts record FY26 earnings, profit jumps 89% to ₹9.3K crore in Q4

Vedanta reported record FY26 earnings and expects further profit growth in FY27, supported by strong commodity prices, cost efficiencies, and favourable global conditions

Govt signs first commercial coal mine deals under UCG framework

Coal Ministry awards four blocks with underground gasification provisions, aiming to expand resource utilisation, boost energy security and reduce fertiliser import dependence

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