Monday, the media reported that the Indian Government-owned National Mineral Development Corporation Ltd., or NMDC, the largest iron ore producer and exporter in India, is negotiating with Canadian-based New Millennium Capital Corp., or NML, to develop one of the world’s largest underdeveloped low-grade magnetite iron-ore deposits project, valued at $3.5 billion or Rs.14,000-crores.
Besides developing the […]
March 26th, 2008 Tags: Chairman, Company, CP, Emerging, Export, India, Indian Government, Iron Ore, Karnataka, mine, Miner, Mineral, Mineral Development, Mines, NASD, Nasdaq, New Millennium Capital Corp., Pipeline, steel, steel plant, Trade
India’s Era Engineering Innovations (EII) has committed an investment of US$5 million into coal-powered energy generation in Zambia following the just-ended Conclave on Indo-Africa Project Partnership in New Delhi.
Commerce, Trade and Industry Minister, Felix Mutati, who led the Zambian delegation to the meeting signed a Memorandum of Understanding (MoU) with EII director, Ajay Mishra over […]
March 24th, 2008 Tags: Africa, China, Coal, coal mine, Company, Delhi, electricity, electricity generation, electricity shortage, Energy, Export, Exports, fuel, High Commission, Hydro, India, Indian Government, International Monetary Fund, Kenneth, Kong, Market, markets, mine, mining, New Delhi, Nova, Ovations, Petroleum, Power, Resources, SHOULD CONSIDER, Solar, Trade, Trade and Industry, Water, Zambia
Irked by the hike in export duties, China’s second largest iron ore importer Sinosteel Corporation has halted imports from India. The company made the announcement a week after India imposed a levy of Rs 300 ($7) per tonne of iron ore exported from March 1. Management of the company were unavailable for comments.
India’s move to hike duties […]
March 10th, 2007 Tags: Asia, Asian, Australia, Brazil, China, Company, Export, India, Indian Government, Iron Ore, Price, Prices, steel, steel industry, steel prices
The Andhra Pradesh government Wednesday signed a memorandum of understanding (MoU) with the government of Ras Al Khaimah, assuring supply of bauxite for a proposed alumina plant in Visakhapatnam district.
The MoU was signed by Y. Srilakshmi, secretary, the Industries and Commerce Department, and Sheikh Saud Bin Saqr Al Qasimi, the crown prince and deputy ruler […]
February 16th, 2007 Tags: Aluminium, Andhra Pradesh, India, Indian Government, mine, Miner, Mineral, Mineral Development, Oman, United Arab Emirates
Early Tuesday, Scotland-based Cairn Energy PLC revealed that shares of its Indian subsidiary, Cairn India Limited, have commenced trading in Bombay Stock Exchange Limited, or BSE and the National Stock Exchange of India Limited, or NSE. The company received the approval from both exchanges in this regard on January 5, 2007.
Cairn India made its market […]
January 9th, 2007 Tags: ABN Amro, Bay, Bill Gammell, Bombay, Bombay Stock Exchange, Cairn, Cairn Energy, Cairn Energy PLC, chemical, chemicals, Company, Edinburgh, Energy, Exchange, Gas, gas exploration, Gujarat, Holly, India, India Limited, Indian Government, London, London Stock Exchange, Malaysia, Mangalore Refinery, Market, Merrill Lynch, mining, Morgan Stanley, Oil, Oil and Gas, oil and gas exploration, oil production, owned subsidiary, Petronas, Pipeline, Price, Rajasthan, Scotland, Shares, state oil
India has awarded coal bed methane gas blocks to firms including British oil major BP Plc, Australia’s Arrow Energy and India’s Reliance Energy Ltd and Tata Power Co Ltd.
“The cabinet has accepted the recommendations of Empowered Committee of Secretaries and decided to award blocks according to their recommendations without any change,” Finance Minister Palaniappan Chidambaram […]
September 30th, 2006 Tags: Anil Dhirubhai, Asia, Australia, Australia’s Arrow Energy, awarded coal bed methane gas blocks, BP Plc, coal gas, EIG Energy Infrastructure Group AB., Empowered Committee of Secretaries, France, gas production, GeoPetrol International Inc., India, Indian Government, low-pressure gas, Natural Gas Corp, Oil, Palaniappan Chidambaram, Reliance Energy Ltd, Reliance Industries Ltd., stable energy supply, state-run gas transporter, Tata Power Co. Ltd.
India on Friday awarded coal bed methane (CBM) gas blocks to firms including British oil major BP Plc , Australia’s Arrow Energy , and India’s Reliance Energy Ltd. and Tata Power Co. Ltd. .
“The cabinet has accepted the recommendations of Empowered Committee of Secretaries and decided to award blocks according to their recommendations without any […]
September 30th, 2006 Tags: Anil Dhirubhai, Asia, Australia, Australia’s Arrow Energy, BP Plc, coal gas, EIG Energy Infrastructure Group AB., Empowered Committee of Secretaries, France, gas blocks, gas production, GeoPetrol International Inc., India, Indian Government, low-pressure gas, Natural Gas Corp, Oil, Palaniappan Chidambaram, Reliance Energy Ltd, Reliance Industries Ltd., stable energy supply, state-run gas transporter, Tata Power Co. Ltd.
Cairn Energy Plc, a U.K.-based company that explores for oil and gas in southern Asia, posted a loss in the first half after production fell.
The net loss in the six months to June 30 was $5.79 million, or 3.68 cents a share, compared with profit of $55.4 million, or 35.17 cents, in the year-earlier period, […]
September 8th, 2006 Tags: Asia, Bill Gammell, Cairn, Edinburgh, India, Indian Government, Loss After Oil Production Falls Cairn Energy Plc, Natural Gas Corp, Oil, Oil and Gas, oil explorer, oil production, produced oil, Rajasthan, Regulatory News Service
Indian utility Tata Power Co. Ltd. is in talks to buy coal mines in Australia, Indonesia and South Africa to tie up fuel supplies for its proposed 15,000-megawatt capacity expansion, a top official said.
The company, which supplies power to the financial hub of Mumbai, India’s capital New Delhi and to smaller cities, is pursuing projects […]
August 3rd, 2006 Tags: Anil Dhirubhai, Australia, Australia’s Arrow Energy, cheaper electricity, China, coal-bed methane gas blocks, energy crunch, hydro-electric stations, India, Indian Government, Indonesia, Mumbai, Natural Gas, New Delhi, renewable energy generation, Rival Reliance Energy Ltd., rupee, South Africa, state-run gas transporter, steel producer, Tata Power Co. Ltd., Tata Steel Ltd., United States
CLIVE Palmer is a different kind of businessman. If you were told he was from the Gold Coast you wouldn’t be surprised. Then there’s that property developer/National Party background and a truckload of cash from China in his bank account thanks to the recent sale of an iron ore project in the Pilbara to CITIC.
July 19th, 2006 Tags: bank account, BHP Billiton, China, Chinese government, CVRD, Foreign Investment Review Board, Gold Coast, Hanna Group, Indian Government, Mineralogy, Newcastle, NSW Government, Palmer, Rio Tinto, steel makers, steel mill, United States