MUMBAI, April 21 (Reuters) - India's state-run National Aluminium Co Ltd (NALCO) (NALU.BO) is in talks with mine workers to have them return to work after a shutdown, which could take up to a week, the company's top official said on Tuesday.
Dillip Satapathy / Bhubaneswar April 21, 2009, 1:25 IST
The bauxite mines of National Aluminium Company (Nalco) at the Panchpatmali hills in Koraput district of Orissa are yet to restart operations after last week
PUBLIC sector mining company National Mineral Development Corporation (NMDC) may stop exports of high-grade iron ore if international ore prices, contracted under long-term agreements (LTA) with other countries, continue to fall sharply. The move is expected to hit steel companies in Japan and Korea that source a large part of their iron ore requirements from India.
The Obama administration wants to ensure that legislation being crafted by Congress to fight global climate change does not violate international trade rules and backfire on US exports, the top US trade official said in a letter to a Republican lawmaker.