MD assures portfolio of aluminium, copper will help the company in difficult times

Aluminium, on the London Metal Exchange (LME), has been falling since the beginning of the year. So has been the core earnings of Hindalco Industries and in turn, the profits. The company maintains that its two businesses, aluminium and copper, complement each other well. D Bhattacharya, managing director, Hindalco Industries, says,

JSW Energy has acquired a 31.56 per cent stake in South African Coal Mining Holding Ltd (SACMH), raising the Mumbai-based company’s total shareholding in the entity headquartered on Johannesburg’s

Tata Steel Europe is betting on production from the African mines scheduled to be functional from March.

Tata Steel Europe's concerns about acquiring coal assets are set to ease soon. Its Mozambique mines, owned jointly with Rio Tinto, will start production from March. The coal would be sent to the company's plants in Europe and at Jamshedpur in India.

National Aluminium Company (Nalco), the Orissa-headquartered and central government-owned company, has turned out to be the sole final bidder for Gujarat Mineral Development Corporation’s (GMDC) Rs

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