Rio Tinto
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Hindalco, Vedanta boost aluminium sales to Japan as U.S. sanctions against Russia, import tariffs shake-up traditional supply routes
•India’s product has generally not been regarded as high enough quality by Japan’s demanding buyers, who have preferred top-tier producers like Rio Tinto, Alcoa and South32 as well as United Company Rusal.
Chhattisgarh Assembly: Speaker suspends 29 Congress MLAs for questioning firm with ties to Nirav Modi
•Opposition Congress created an uproar in Chhattisgarh Legislative Assembly alleging that the state government has invited an associate company of Nirav Modi, an accused in Punjab National Bank scam, for investment in the state
Argyle Violet: 'Impossibly rare' violet diamond found in Australia
•A rare violet diamond, the largest of its kind ever found at Australia's remote Argyle mine, will be the centrepiece of Rio Tinto's annual pink diamonds showcase, the company said Tuesday.
Vedanta seeks to simplify, consolidate business structure
Fp Archives •Anil Agarwal-led Vedanta recently hiked stake in its subsidiary Cairn India, oil and gas exploration firm, by nearly 5 percent.
Vibrant Gujarat 2015: Companies pledge to invest Rs 25 lakh cr
Fp Archives •Corporates from India and abroad pledged to invest an astonishing Rs 25 lakh crore and signed 21,000 MoUs at the Vibrant Gujarat Summit
Vedanta's Anil Agarwal open to merging Cairn, HZL with Sesa Sterlite
Fp Archives •consultants have been appointed to explore if it would make sense to merge the two firms into Sesa Sterlite.
How tigers might stop MP from becoming a global diamond mining source
Fp Staff •Though Rio Tinto may have completed all the formalities with respect to the reconnaissance and prospecting stages, it still needs to win the trust of environmentalists in the region who claim the project could threaten a tiger corridor about 100 km away.
Curbs on iron ore mining force firms to call it a day
Fp Archives •The bans, put in place as the government tried to clamp down on illegal mining, have cut the iron ore exports by around 85 percent, or 100 million tonnes, over the past two years. They have also reduced foreign exchange earnings by more than $17 billion in the same period.
Vedanta on lookout for new CEO; incumbent M S Mehta's term extended till Mar
Fp Archives •Future move of outgoing CEO Mehta is not known yet. He had joined Vedanta group in 2000 as senior Vice President in erstwhile Sterlite Industries and rose to serve the group in different capacities, including as CEO to various group companies -- Sesa Sterlite, Sterlite Industries and Hindustan Zinc.
SC gives go-ahead for auctioning mined ore in Goa
Fp Archives •The Supreme Court imposed a ban on exports and production in Goa last year in a crackdown on illegal mining.