Jatindra's Feed
May 5, 2013

NALCO may cut output by 25 pct due to coal shortages – director

BHUBANESWAR, India (Reuters) – NALCO may have to cut its daily aluminium output by 25 percent due to coal supply shortages caused by an accident at a mine that supplies fuel to the state-run aluminium producer, a company director said on Sunday.

The company has received just 10,000 tonnes of coal a day for the past 10 days from Mahanadi Coalfields Ltd (MCL), a unit of state-run miner Coal India (COAL.NS: Quote, Profile, Research), against a daily operating requirement of about 16,000 tonnes.

May 5, 2013

India’s NALCO may cut output by 25 pct due to coal shortages – director

BHUBANESWAR, India, May 5 (Reuters) – India’s NALCO
may have to cut its daily aluminium output by 25
percent due to coal supply shortages caused by an accident at a
mine that supplies fuel to the state-run aluminium producer, a
company director said on Sunday.

The company has received just 10,000 tonnes of coal a day
for the past 10 days from Mahanadi Coalfields Ltd (MCL), a unit
of state-run miner Coal India, against a daily
operating requirement of about 16,000 tonnes.

Mar 26, 2013

India’s NALCO sees 3 pct fall in 2012/13 aluminium output

BHUBANESWAR, India, March 26 (Reuters) – India’s National
Aluminium Co Ltd (NALCO) expects its aluminium output
to fall nearly 3 percent to 402,000 tonnes this fiscal on lower
production due to weak global markets and higher input costs,
its production director said.

NALCO, which exports 30 percent of its aluminium products,
hopes to produce 405,000 tonnes of aluminium in 2013/14 as it
expects sluggish market conditions to continue, NALCO’s S.S.
Mohapatra told Reuters.

Mar 6, 2013

Odisha, miners dispute mapping in probe on illegal mining

BHUBANESWAR (Reuters) – A government panel has asked Odisha to re-survey more than 40 iron ore mines as part of an investigation into illegal mining after firms contested the use of satellite images to define their mining areas.

The state government, meanwhile, has imposed a cap on output from iron ore mining, and the mapping dispute threatens to prolong that cap and increase pressures on Indian steel mills to import ore.

Mar 3, 2013

Odisha resumes takeover of land for POSCO steel mill

BHUBANESWAR (Reuters) – Authorities in Odisha said on Sunday they had resumed acquiring land for South Korean steelmaker POSCO’s(005490.KS: Quote, Profile, Research) planned $12 billion steel mill in the state under tight security, a day after three protesters were killed by crude bombs.

POSCO announced plans for the mill on a fertile strip of land seven years ago but there has been little progress, largely because of opposition from farmers and battles over environmental clearance.

Mar 3, 2013

Indian state resumes land takeover for POSCO steel mill

BHUBANESWAR, India, March 3 (Reuters) – Indian authorities
said on Sunday they had resumed acquiring land for South Korean
steelmaker POSCO’s planned $12 billion steel mill in
Odisha state under tight security, a day after three protesters
were killed by crude bombs.

POSCO announced plans for the mill on a fertile strip of
India’s east coast seven years ago but there has been little
progress, largely because of opposition from farmers and battles
over environmental clearance.

Mar 3, 2013

POSCO protesters in Odisha killed by blasts

BHUBANESWAR (Reuters) – At least three people protesting against plans for a $12 billion steel project by South Korea’s POSCO in Odisha were killed by crude bombs on Saturday, police said.

Police said those killed in the village of Patna in Odisha were probably making the bombs themselves, but a protest group spokesman said the dead activists were victims of an attack by supporters of the steel project.

Mar 3, 2013

Indian steel-project protestors killed by bomb blasts

BHUBANESWAR, India (Reuters) – At least three people protesting against plans for a $12 billion steel project by South Korea’s POSCO in southeastern India were killed by crude bombs on Saturday, police said.

Police said those killed in the village of Patna in Odisha state were probably making the bombs themselves, but a protest group spokesman said the dead activists were victims of an attack by supporters of the steel project.

Mar 2, 2013

Indian village POSCO protesters killed by bomb blasts

BHUBANESWAR, India (Reuters) – At least three people protesting against plans for a $12 billion steel project by South Korea’s POSCO in southeastern India were killed by crude bombs on Saturday, police said.

Police said those killed in the village of Patna in Odisha state were probably making the bombs themselves, but a protest group spokesman said the dead activists were victims of an attack by supporters of the steel project.

Oct 22, 2012

India’s Vedanta Aluminium resumes Odisha refinery at reduced capacity

BHUBANESWAR, India (Reuters) – Vedanta Aluminium Ltd (VAL) VEDAL.UL, India’s largest aluminium maker, has resumed its alumina refinery in Odisha after a 10-day hiatus, but faces another shut down in December if it fails to secure more bauxite supplies, a senior company official said.

The 1 million tonne per annum refinery in eastern India was shut since October 12 after it ran out of bauxite, the key raw material to produce alumina. It resumed operations on Monday at a reduced capacity after procuring some supplies.