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To increase the usage of available raw materials, the Ministry of Steel has directed integrated steel players to make use of iron ore fines in steel making after its beneficiation. As per sources, it has also suggested that players look at options like acquiring coking coal mines abroad. “This is aimed at increasing the availability […]
Vedanta Ltd, a subsidiary of Vedanta Resources Ltd, is one of the world’s leading natural resources companies | (Photo: Reuters) 2 min read Last Updated : Oct 04 2024 | 11:14 AM IST Mining giant Vedanta Ltd on Friday reported a rise in production of aluminium, zinc and iron ore in the September quarter. […]
Iron ore – one of the worst performing commodities this year and a key steel making ingredient – witnessed a major spike in its prices after three of China’s largest cities eased curbs on home-buying. Expected to bolster demand outlook and its embattled property market, the move is also aimed at cushioning the country’s steel-makers […]
2 min read Last Updated : Sep 24 2024 | 7:12 PM IST The nation has witnessed strong growth of 7 per cent year-on-year in iron ore output, with production increasing from 257 million tonnes in FY23 to an impressive 275 million tonnes in FY24, the CMD said while addressing NMDC’s 66th Annual General […]
Global iron ore prices have dropped below $100 a tonne to a 22-month low as subdued demand from China continues to exert downward pressure on the market. However, prices could improve marginally if China comes up with some stimulus measures to boost its economy, analysts say. “After retaining resilience early in 2024, iron ore prices […]
Terrafame has submitted an application to the European Commission seeking a strategic project status for the Kolmisoppi project under the European Union’s Critical Raw Materials Act (CRMA). The CRMA came into effect in May 2024 and aims to sustainably ensure the availability of raw materials that are critical and strategic […]
