The public hearing for expansion of TATA Steel operations held at Joda yesterday said to have favored the proposal. A t lease 86 persons spoke at the meeting attended by over 5000 people informed officials of the district administration.
The main contributors to the 5.3 percent increase were iron ore (contributing 5.7 percent), coal(contributing 1.8 percent) and manganese ore (contributing 1.2percent).
Leader Steel Holdings Bhd will focus less on iron ore trading, as the global pricing of the steel-making commodity has decreased since the middle of 2013.
Tata Steel reported a consolidated net profit of Rs 1,254.33 crore for the quarter ended September 30, up 37% from Rs 916.77 crore profit in the same quarter last year, helped by a one-time gain from land sale. Sales fell 2% to Rs 35,503.25 crore during the qu...
After shelving its sale of Nickel West, BHP Billiton will be forced to keep the troubled unit out of its $US15 billion spinoff of unwanted assets amid analyst predictions it would damage the new company's credit rating.
JSE-listed Bauba Platinum subsidiary Bauba A Hlabirwa Mining Investments has been awarded a mining permit for the mining of chrome ore and, accordingly, the last condition precedent for its acquisition of a 60% stake in the prospecting rights on the farms of M...