Thursday, July 10, 2025

Creating liberating content

Indeed and Glassdoor, the job search and employee review firms,

Bitcoin climbed to new all-time high on Thursday, building on

X Corp’s CEO Linda Yaccarino looks on during the Senate

Content creator Rachel D’Cruz transformed an Indian sofa cover into

Related News

Indeed and Glassdoor, the job search and employee review firms, are slashing a total of roughly 1,300 jobs as their parent company, Japan’s Recruit Holdings, embraces artificial intelligence. In an

Bitcoin climbed to new all-time high on Thursday, building on its previous record reached just a day earlier, as investors jumped into risk assets and liquidated short positions. The price

X Corp’s CEO Linda Yaccarino looks on during the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024. Nathan Howard

Content creator Rachel D’Cruz transformed an Indian sofa cover into a stunning backless dress, showcasing creativity and patience. The DIY project, initially estimated to take 30 minutes, evolved into a

The average long-term mortgage rate in the US edged higher this week, ending a five-week streak of easing borrowing costs that had offered some relief to prospective homebuyers.According to mortgage

Omar Marques | Lightrocket | Getty Images Microsoft‘s Outlook email service malfunctioned for several hours Wednesday and Thursday, prompting some people to post on social media about the inability to

Trending News

Investor confidence in India’s unlisted securities market has taken a hit after HDB Financial Services’ Initial Public Offering was priced significantly below grey market expectations. The impact has rippled across

The rupee ended 3 paise higher at 85.70 against the US dollar on Thursday, supported by optimism over a possible US-India trade deal, even as equity markets closed in the

US stocks started on a cautious note Thursday despite a surge in airline shares led by Delta Air Lines, which posted strong quarterly results and raised its outlook for the

Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old US cereal company WK Kellogg in a deal valued at approximately $3.1 billion. The Ferrero Group

Unemployment benefit claims in the United States dipped last week,falling to a historically healthy range over the past couple years. These figures offer another sign of strength in the country’s

Companies that rank highest on diversity are delivering a clear financial edge, with a new study showing that inclusive firms recorded nearly 50% more profit after tax (PAT) than their

Critical minerals push: Hindustan Copper to bid for critical minerals with IOCL, GAIL and RITES, plans Chile foray

Word Count: 669 | Estimated Reading Time: 4 minutes


Critical minerals push: Hindustan Copper to bid for critical minerals with IOCL, GAIL and RITES, plans Chile foray

Hindustan Copper Ltd (HCL) plans to bid for critical mineral and rare earth element (REE) blocks in collaboration with state-run energy and transport giants such as Indian Oil Corporation Ltd (IOCL), GAIL (India) Ltd and RITES as part of its diversification strategy, its top executive said.HCL Chairman and Managing Director Sanjiv Kumar Singh told PTI in an interview that the Miniratna central PSU is preparing to enter into non-binding agreements with IOCL and GAIL for joint participation in upcoming mineral auctions.“Hindustan Copper will participate in the auctions which will be coming up not only for copper blocks but also for blocks pertaining to critical minerals and rare earth minerals,” Singh said. “We plan to tie up with PSUs on a case-to-case basis to bid for those blocks.”The company is also exploring international opportunities and plans to enter into a pact with Coal India Ltd for copper and critical minerals exploration in Chile, Singh said, adding that an internal team is already in place to conduct due diligence and shortlist potential blocks, PTI reported.Earlier this month, HCL signed an agreement with RITES Ltd to jointly develop supply chains for metals and minerals, including critical minerals, in both domestic and international markets. The collaboration will cover exploration, extraction, refining and production activities, as well as participation in mineral block auctions and mining infrastructure development.HCL, the only vertically integrated copper producer in India with mining operations, currently operates copper mines at Malanjkhand in Madhya Pradesh, Khetri in Rajasthan and Ghatsila in Jharkhand.On the financial front, the company posted its highest-ever revenue from operations at Rs 2,070.97 crore in FY25, up 21% from Rs 1,717 crore in FY24. Profit before tax rose 54% year-on-year to Rs 633.51 crore, while profit after tax climbed 42% to Rs 468.53 crore.Singh said the company remains focused on the exploration, mining and beneficiation of copper ore to produce and sell copper concentrate, which provides better profitability amid dynamic market conditions.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account