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India eyes overseas copper, lithium mines to meet domestic shortfall

India is exploring ways to secure supplies of metals such as copper and lithium from some of the world's top producers by acquiring overseas mines as part of efforts to meet rising domestic demand government sources said.

Nalco ties-up with Mahanadi Coalfields for coal supply

To get fuel supply for its captive power plant, National Aluminium Company (NALCO) has signed a long term fuel supply agreement with Mahanadi Coalfield (MCL). As part the pact, MCL will supply 47.16 lakh tonne of coal to NALCO's captive power plant at Angul and 8,73,324 tonne of coal for its steam cum power generation plant, at Damanjodi.

Allocatees must follow check list of Odisha govt

The steel & mines department of Odisha government cleared a checklist, which has to be observed by the allocatees of coal blocks in the state. According to the checklist, the allocatees must furnish status of their end-use plants linked to coal blocks. Companies whose coal blocks are at an advanced stages having either been granted prospecting licenses (PL) or mining leases (ML). These companies must com

Nalco aims to produce 64.50 lakh tonne of bauxite

National Aluminium Company (Nalco) aims to produce 64.50 lakh tonne of bauxite, 21.5 lakh tonne of alumina, 4.05 lakh tonne of aluminium and generate 6,341 million units of power in 2013-14. The company set this target in a memorandum of understanding (MoU) signed with the Ministry of Mines. The MoU also fixed sales turnover target at Rs 7,757 crore, which is about 10 percent higher than that of th

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