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Adani Group wants to enter the steel sector and is targeting RINL’s tender in January 2023
The Adani Group is reportedly planning a bid for state-owned Rashtriya Ispat Nigam, which is expected to be sold in January 2023. According to BusinessLine (BL), this would see the group enter a new business after entering the cement sector with the Adani-Holcim deal....
Coal: the sector seeks to remain in the long-term energy mix
There is no doubt that the global coal industry has been a major beneficiary of Russia's invasion of Ukraine and the resulting energy crisis. But now the industry is beginning to think beyond its current short-term exuberance and find ways to remain in the global...
Copper: Rio Tinto confirms final bid for Oyu Tolgoi mine
Rio Tinto Plc CEO Jakob Stausholm has clarified that his bid to take over the company behind one of the world's largest copper mines is final. Speaking during an interview at Bloomberg News headquarters in New York, Stausholm reported that the world's second-largest...
Primary aluminum: budget ended in deficit through July
The report on metals balances from January to July 2022, published by the World Bureau of Metal Statistics (WBMS), indicates that the primary aluminum market recorded a deficit of 916 kt. This follows a deficit of 1,558 kt recorded for the entire previous year. Global...