BIZARRE: 2 | Mind Blowing Facts

'A new era': miner banks profit on metals for tech age

Rio Tinto, which has major iron ore operations in the WA and is working to boost its presence in copper, has delivered a bullish outlook.

AAP · Jul 28

Odisha tightens iron ore grade checks after alleged royalty underreporting: Report

Odisha, India's largest iron ore-producing state, has stepped up quality-control inspections after authorities found instances of miners allegedly misrepresenting ore grades to reduce royalty payments, a move that could temporarily disrupt domestic supplies and exports to China, Bloomberg News reported.

The Economic Times · Jul 28

India's core sector output grows 5% in June under new base year series, hits 5-month high

June 2026 marked a notable five percent growth in India's core industries index, with iron ore production soaring to forty-three point nine percent. Significant growth was also observed in cement and electricity. Conversely, natural gas and crude oil outputs faced reductions. For the April-June 2026 timeframe, the total growth measured…

The Economic Times · Jul 20

SAIL's Bokaro plant to get 8.3 MT iron ore via slurry pipeline; Rs15K cr expansion underway

Bokaro Steel Plant will receive iron ore annually through a new slurry pipeline. This modern system will eliminate dependence on railway rakes for raw material transport. The plant's crude steel production capacity will increase significantly after expansion. This project involves a substantial capital investment and aims for completion in three…

The Economic Times · Jul 9

Port worker wage stoush set to trigger historic strike

Hundreds of port workers are expected to walk off the job after failed wage negotiations between a mining giant and unions.

AAP · Jul 8

Vedanta Iron & Steel shares skyrocket 89% in 12 days since listing. What’s fuelling the surge?

Vedanta Iron and Steel shares have surged an impressive 89% since their June debut, adding nearly Rs 7,000 crore to its market value. This remarkable rally was significantly boosted after Azim Premji's investment arm acquired shares worth Rs 102 crore. The company, involved in iron ore and steel production across…

The Economic Times · Jul 1

Vedanta Iron & Steel shares extend winning streak, surge 10%; stock up 70% since listing

Vedanta Iron & Steel shares jumped, extending an 11-day winning streak and taking total gains to over 70% since listing earlier this month. The stock debuted at Rs 20 following Vedanta Group’s demerger and has nearly doubled its market cap to about Rs 13,941 crore from Rs 7,821 crore.

The Economic Times · Jun 30

ED attaches over Rs 1,000-cr assets in Goa 'illegal' iron ore mining case

The Enforcement Directorate has seized assets exceeding Rs 1,023 crore, including properties in Singapore, in a Goa illegal iron ore mining case. The probe into the Salgaocar Groups and associates revealed illegal mining between 2007-12, generating over Rs 2,492 crore in crime proceeds. These funds were allegedly laundered through offshore…

The Economic Times · Jun 21

Vedanta Iron and Steel aims to become major resource-backed integrated steel platform

Vedanta Iron And Steel Ltd, newly listed, plans to be a leading integrated steel producer. The company will leverage its vast iron ore reserves for over 50 years. Expansion will focus on value-added products like silicon iron and ductile iron pipes. VISL's strategy is set to create long-term value across…

The Economic Times · Jun 17

Meet Gina Rinehart: Australia’s richest woman who just invested $1.4 billion in Elon Musk’s SpaceX

For decades, the fortune of Australia's wealthiest citizen has been tied to iron ore buried deep beneath the country's red earth. Yet in recent years, Gina Rinehart has gradually expanded her interests far beyond mining, backing sectors she believes will shape the decades ahead. Space exploration now appears to sit…

The Times of India · Jun 17