Despite the Covid threats, we expanded by more than 20%

Biman Banerjee, Senior Manager, Branded Sales, Mallcom India, speaks on tackling the competition from Chinese companies

L&T awarded contracts for its various businesses

The construction arm of L&T has secured orders for its businesses in India.

L&T awarded contracts for its various businesses

The construction arm of L&T has secured orders for its Metallurgical & Material Handling (MMH) and Buildings & Factories (B&F) businesses in India

Mining Gains

The recent policy initiatives by the Central Government are expected to boost the mining activities in the country, providing new opportunities to private and global miners, and equipment and technology providers.

Looking for a Turnaround

Iron ore output of NMDC at 24.23 MT

NMDC has produced 24.23 million tonne (MT) iron ore in the first nine months of the current financial year. About 15.16 MT iron ore was produced from Chhattisgarh mines and 9.07 MT from Karnataka, NMDC said.

Mining Equipment Trends

The mining equipment industry (MEI) is heavily dependent on equipment demand from coal and iron ore mining, both being highly equipment intensive, with over 30 per cent.

On a Positive Note

The 13th International Mining and Machinery Exhibition 2016 (IMME 2016) held during November 16-19 concluded with a positive note on a possible turnaround of Indian mining industry in the coming years. The 13th Global Mining Summit (GMS) 2016 also held concurrently with the IMME 2016.

NMDC, Midhani join hands for tungsten ore mining

The public sector iron ore mining major NMDC Ltd has signed an agreement with Mishra Dhatu Nigam Ltd (Midhani), a specialist in developing metals and alloys, to work on tungsten ore mining and processing for use in strategic defence areas.

NMDC mulls rare earth minerals, beach sand mining

NMDC Ltd may enter into rare earth minerals and beach sand mining, for which, the miner is planning to approach atomic mineral directorate (AMD)

Witnessing Quantum Jump

In light of the various infrastructure development initiatives by our government and expansion plans declared by various related agencies, the Bulk Material Handling Equipment (BMHE) sector

Essar?s Vizag Port facility boosting third-party business

Post the taking over of Vishakhapatnam Port Trust?s (VPT?s) Iron Ore Handling Complex (OHC) on a Build-Operate-Transfer (BOT) basis for a period of 30 years in May 2015, Essar Vizag Terminals Ltd (EVTL), a wholly owned subsidiary of Essar Ports Ltd (EPL) has boosted the EPL?s strategy of diversifying its customer profile.

Demand for mining equipment from PSUs is expected to increase

Gmmco is fully geared up to serve its customers with efficient product support, so they achieve maximum uptime and productivity of CAT fleet, says S Ananthakrishnan, AVP, Mining Project Sales, Gmmco. Excerpts from the interview.

Demand for mining equipment from PSUs is expected to increase

Gmmco is fully geared up to serve its customers with efficient product support, so they achieve maximum uptime and productivity of CAT fleet, says S Ananthakrishnan, AVP, Mining Project Sales, Gmmco.

FDI in Railways to Boost Equipment Demand

For the new government, the Shakespearean protagonist?s dilemma, to be or not to be, is no more acts as fetters that lead to inactivity; so the case seems to be, at least for the Railway Minister Sadananda Gowda.

KIOCL, NMDC and RINL decides to build 13 MTPA slurry pipeline between Nagarnar and Vizag

Steel majors KIOCL, NMDC and RINL have decided to set up a 13 MTPA slurry pipeline between Nagarnar and Vizag for carrying iron ore with Rs 3,500 crore investment. MoU has already been inked between them for setting up a JV in which KIOCL will hold a 48 per cent stake. NMDC and Rashtriya Ispat Nigam Ltd will hold 26 per cent each.

Steel PSUs sign pact for Rs 3,500 cr slurry pipeline

Steel majors KIOCL, NMDC and RINL have decided to set up a 13 MTPA slurry pipeline between Nagarnar and Vizag for carrying iron ore with Rs 3500 crore investment. MoU has already been inked between them for setting up a joint venture in which Kudremukh Iron Ore Company (KIOCL) will hold a 48 per cent stake. NMDC and Rashtriya Ispat Nigam Ltd will hold 26 per cent each. International technology / equity partner may be roped in to join the project at a later stage. The slurry pipeline will be used

Bulk material handling and processing solutions

Bevcon Wayors offers new generation innovative conveying systems for bulk material handling and processing solutions for core industries like power, steel, cement mining and minerals.

Realising the mining potential

Show cause Notice issued by Coal Ministry to 13 firms

The Ministry of Coal has issued show cause notices on thirteen firms seeking explanation on delays in development of mines allocated to them for captive use. Some of the prominent names include NMDC, JLD, Yavatmal Energy, Balco and AMR Iron and Steel.

RINL set to mine low-grade iron ore in Rajasthan

The Rajasthan government offered the letter of intent (LoI) to state-owned RINL, which is also called Vizag Steel, to develop low-grade iron ore mines in Bhilwara district. The mine, which is spread over 900 hectare and with an expected reserve of 230 million tonne, would be the first captive mine for RINL. So far, the firm sourced iron ore

NMDC signs MoU for mineral projects

In a communication to stock exchange, NMDC said it signed a Memorandum of Understanding mineral projects in Zimbabwe. NMDC was incorporated in 1958 as a fully owned public enterprise of the central government. It is under the administrative control of the Ministry of Steel, Government of India

ICVL identifies 5 overseas assets

CS Verma, Joint Chairman of Steel Authority of India (SAIL) informed that ICVL has identified at least four or five good coking coal mines in Australia, the US and Mozambique for acquisition. International Coal Ventures (ICVL), a consortium led by SAIL, is conducting due diligence on these assets. It may be recalled that ICVL was formed in 2009 by public sector firms like NTPC, Coal India, NMDC and Rash

Ports in Andhra witness decline in ore cargo

The hike in export duty on iron ore, increase in railway freight rates for export cargo of ore and the ban on illegal ore mining affected exports of the raw material. Gangavaram Port exported only 271,000 tonne this year as against 2.1 million tonne last fiscal. Other ports in Andhra Pradesh Visakhapatnam and Kakinada deep water ports lost 30 per cent in iron ore cargo traffic during 2012-13. In 2011-12, Kakinada Port

Elecon bags orders

Elecon Engineering Company announced that its MHE Division has procured two prestigious orders one of Rs 12.21 crore from NMDC for the supply, erection and commissioning of one lump ore reclaimer including initial spares to client?s Bacheli complex project and second of Rs 6.15 crore from Madras Cements for supply of material handling equipments and other spares for grinding unit project.

Mining Equipment: On the Threshold of Growth

With the growing production, the demand for mining equipment and machinery is expected to not just keep pace but grow manifold. The thrust on surface mines has significantly enhanced mine production capacity

Elecon wins Rs 33-cr order

Elecon Engineering Company announced that their MHE Division has procured a prestigious order of Rs. 33 crore from Bharat Heavy Electrical Limited for design, engineering, manufacturing, supply, erection, start up, testing and commissioning, and PG test for four sets of wagon tippler with side arm charger and commissioning spares for Raw Materials Handling systems (Packaging 1) project of NMDC steel plant at Nagarnar, Chhattisgarh.

Elecon net profit up by 12%

Elecon Engineering, one of the India's largest material handling equipment and transmission products manufactures announced its unaudited results for the first quarter ended on 30 June 2011.

Elecon Net Profit Up by 12 %

The Board of Directors of Elecon Engineering, one of the India's largest material handling equipments and transmission products manufactures announced its un-audited results for the first quarter ended on June 30th 2011.

25 Years of Nation-Building

Gmmco was formed in 1967 when the GP-CK Birla Group took over Blackwood Hodge Equipment, who were distributors for the Terex range of products.