Hindustan Copper has announced said its standalone net profit has nearly doubled to Rs 16.8 crore in the third quarter ended December 31, 2016.
Tag: beneficiation
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RINL to invest Rs 25 bn on iron ore project
State-run steel maker RINL plans to set up an iron ore beneficiation plant and a 2 million tonne pellet plant in Bhilwara, Rajasthan at a cost of Rs 2,500 crore. Through the proposed beneficiation plant, the company would make value addition of the iron ore mined from the block awarded to it by the Rajasthan government recently at Bhilwara. The value added output would be used at RINL's Vizag steel plant
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RINL seeks ore mine for proposed steel project
Jharkhand government received a request from the state-run Rashtriya Ispat Nigam (RINL) for allocating the over 2,600 acre Ghatkuri iron ore mine, located at the West Singhbhum district. The company wants the mine, which is estimated to have 600 million tonne reserves, for its proposed 3 million tonne per annum (mn tpa) steel plant
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BHEL arm to foray into allied operations
State-run power equipment maker Bharat Heavy Electricals (BHEL) plans to diversify the operation of ISG into allied areas of business like iron ore beneficiation, pellet plants, sinter plants and coal washeries. Industrial Systems Group (ISG), which is an arm of BHEL, posted a profit of Rs 161 crore in 2012-13, which is 7 per cent more than the previous year. The turnover is also