Anglo American sells its entire coking coal business in Australia for $4.9 bn

Anglo American sells its entire coking coal business in Australia for $4.9 bn

25 Nov 2024

Anglo American has announced complete divestment of its coking coal business in Australia for $4.9 billion, with the sale of its remaining steelmaking coal business to Peabody Energy for $3.775 billion.

Anglo American to sell 33% stake in Australian coal mines for $1.1 billion

Anglo American to sell 33% stake in Australian coal mines for $1.1 billion

05 Nov 2024

British mining multinational Anglo American has agreed to sell its 33.3 per cent stake in joint venture Jellinbah Group Pty Ltd, to Zashvin Pty Limited for A$1.6 billion ($1.1 billion) in cash.

BHP proposes mining consolidation with Anglo American

BHP proposes mining consolidation with Anglo American

11 May 2024

Australian mining giant Broken Hill Proprietary Company Limited (BHP) has proposed to take over smaller peer Anglo American in an all-share deal that values the company at $38.9 billion

Cabinet panel allows coal PSUs to set up 2 new thermal power projects

Cabinet panel allows coal PSUs to set up 2 new thermal power projects

19 Jan 2024

The Cabinet Committee on Economic Affairs (CCEA) has approved a proposal for equity investment by South Eastern Coalfields Limited (SECL) in a 1×660 MW thermal power plant

India signs pact for lithium exploration and mining in Argentina

India signs pact for lithium exploration and mining in Argentina

18 Jan 2024

India’s ministry of mines has signed an agreement with Argentinean authorities under which Khanij Bidesh India Limited (KABIL)

NLC awards 2400 MW Odisha thermal power project to BHEL

NLC awards 2400 MW Odisha thermal power project to BHEL

15 Jan 2024

NLC India Ltd has awarded the contract for setting up a 2,400 MW pit head green field thermal power project at Jharsuguda District in Odisha, to BHEL.

Govt to auction 30 critical minerals for strategic mining

Govt to auction 30 critical minerals for strategic mining

09 Dec 2023

The central government on Wednesday initiated the process of auction of critical minerals, perhaps for the first time in the country, and has identified 30 minerals for strategic mining.

Vedanta engages in discussions to secure up to $2.5 billion for repayment to international bondholders

Vedanta engages in discussions to secure up to $2.5 billion for repayment to international bondholders

09 Nov 2023

Vedanta Resources Limited (VRL), a prominent diversified mining company headquartered in London, is in the final stages of devising a plan to raise up to $2.5 billion (approximately Rs 20,800 crore) to meet impending debt repayment deadlines.

Vedanta announces Rs19.50 interim dividend

20 Jul 2022

India, Australia to develop critical metal projects, supply chains

06 Jul 2022

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