Billionaire mining tycoon Anil Agarwal fights to clear Vedanta's …
Agarwal is facing one of his toughest acts yet. The tycoons Vedanta Resources Ltd. has close to $2 billion of bonds to settle in 2024 — half of which is due in January. Short of that, his London-headquartered company risks getting cut deeper into junk and losing crucial access to funding. Thats bad news for one of Indias richest men, …
Recovering iron, manganese, copper, cobalt, and high …
Many studies have investigated methods of recovering valuable metals from sea nodules. Recently, a research group in Japan developed a smelting and chlorine process after investigating a variety of existing processes and comparing their respective efficiencies with the same nodules. The best results were obtained by combining pyrometallurgical and …
Pt100/Pt1000 Cable For Platinum Resistance Thermometers
Available with or without a tinned copper wire braid screen. Temperature rated -30°C to +105°C. PFA Insulated (-75°C to +260°C) Multi cores of stranded 7/0.2mm diameter …
Agarwal wants to build Indian commodity giant to rival majors
Bloomberg News | May 25, 2018 | 9:43 am Base Metals Energy Africa Asia Aluminum Copper Iron Ore Zinc Anil Agarwal, founder and owner of Vedanta Resources. (Image: Wikimedia Commons )
Billionaire mining tycoon Anil Agarwal fights to clear debt
Anil Agarwal's Vedanta Resources is facing one of its toughest challenges yet with close to $2bn of bonds due for settlement in 2024, and half due in January. For decades, Anil Agarwal cultivated a reputation as one of India's great survivors. Starting as a scrap metal dealer, the billionaire magnate built a mining conglomerate to rival any ...
How to invest in copper: A comprehensive guide
Like all commodities, copper can be volatile, and investment pros say an allocation to commodities in general should only make up 5% to 10% of a portfolio. So, …
Billionaire Anil Agarwal's Anglo American trade a gold mine
Agarwal acquired a roughly 20% stake in 2017, shelling out barely any cash himself
UAE giant eyes majority stake in Vedanta's Zambian mines
The unit of International Holding Company recently made an offer of more than $1 billion to buy a 51% stake in Konkola Copper Mines (KCM) from Indian billionaire Anil Agarwal-owned Vedanta, the ...
Vedanta in advanced stage of deal with Zambia over copper mine
The dispute has caused output to plunge. Vedanta has pledged to invest $1 billion in the assets to double annual integrated production to 100,000 tons of copper, with the potential to 200,000 tons ...
Anil Agarwal Talks Of Moving Konkola Copper Mines To …
Mining baron Anil Agarwal on Tuesday said the Konkola Copper Mines, which returned to his London-based firm Vedanta Resources last week, can be moved to the group's India-listed firm Vedanta Ltd 'at the right valuation'.
Zambia plans sale of copper mines owned by billionaire Anil Agarwal
REUTERS. Zambia's plan to sell the copper mines it seized last year from billionaire Anil Agarwal's Vedanta Resources is bogged down in legal challenges that are discouraging buyers. Arbitration between Vedanta and Zambia will proceed in London in January, after the government alleged the company lied about expansion plans and paid …
Vedanta a step closer to regaining control over Zambia copper …
Vedanta has pledged to invest $1-billion in the assets to double annual integrated production to 100 000 tons of copper, with the potential to boost to 200,000 tons in the medium term. Production ...
Anil Agarwal to turn copper smelter into a giant by doubling capacity
Bloomberg. By Tom Wilson. Billionaire Anil Agarwal's Vedanta Resources Plc plans to double capacity at its Tuticorin plant in India in the next two years, which will make it the world's second-biggest copper smelter. Vedanta will invest $717 million boosting the smelter's annual capacity from 400,000 metric tons to 800,000 tons, it said ...
Zambia : Vedanta and Zambia finally agree on Konkola …
Vedanta Resources, the mining conglomerate owned by Indian-British billionaire Anil Agarwal, aka the "Metal King", should regain control of Konkola Copper …
Billionaire Agarwal pledges to pay Zambia creditors before retaking mine
Agarwal, who is looking to reduce the parent company's massive debt load, has also pledged to invest $1-billion in Konkola and more than double copper production from the operation.
Billionaire mining tycoon Anil Agarwal fights to clear Vedanta's …
(Bloomberg) --For decades, Anil Agarwal cultivated a reputation as one of India's great survivors. Starting as a scrap metal dealer, the billionaire magnate built a mining conglomerate to rival any other, weathering cash crunches, government friction and disputes with Indigenous people over expansion plans.
Abu Dhabi's most-valuable company eyes Vedanta's Konkola Copper …
IHC's unit, International Resources Holding (IRH), before its offer to billionaire Anil Agarwal, had bought 51 per cent stake in Mopani Copper Mines in a deal worth $1.1 billion, and has plans ...
Vedanta to split business into six listed companies
The world's largest copper producer and a symbol of national pride, is aiming this year to reverse two years of falling production. Bloomberg News | April 18, 2024 | 2:48 pm
Agarwal votes against Anglo American board appointment
Anglo American said the company was betting on South America as its main growth area for base metals, including copper, in the coming years. Agarwal, chairman of India's Vedanta who has more ...
Anil Agarwal's Vedanta to regain control of Zambian copper …
Anil Agarwal's Vedanta Resources Ltd. and Zambian government-owned ZCCM Investments Holdings Plc (ZCCM-IH) have resolved their disputes over a Zambian copper mining complex, Bloomberg reported.
Abu Dhabi's IRH vies for Vedanta's copper assets in Zambia
The mining investment arm of Abu Dhabi's International Resources Holding (IRH) is in discussions to acquire a majority stake in the Zambian copper assets of …
Vedanta to take back ownership of Zambian copper mine
The group owned by Anil Agarwal will invest $1bn over five years to revive Konkola Copper Mines as a condition of resuming control of operations in the heart of the southern African nation's ...
Our Leadership Team | Strategizing Direction for Corporate …
Anil Agarwal was appointed to the Board in May 2003 and is the Executive Chairman of Vedanta Resources since March 2005 and chairs the Nominations Committee. ... He completed his Bachelor's in Mining from MBM Engineering College, Jodhpur. ... is playing a vital role in unlocking the full potential of the company's Copper Production of 300 ...
Hedge fund to take Vedanta dispute to US regulators
Vedanta Resources is the vehicle through which Agarwal owns a 55.11% stake in mining group Vedanta Limited. Vedanta Limited's share price fell 32% in early October last year after information ...
Indonesia: Five Largest Copper Mines in 2021
Share. Industry: Mining. Other Industry Indicators. Grasberg Block Cave Mine in Papua, was the largest copper-producing mine in Indonesia, producing approximately 295.5 …
Vedanta should buy parent's African copper biz: Agarwal
New Delhi: Anil Agarwal, the mining tycoon, has suggested that his publicly traded company Vedanta Ltd acquire Konkola Copper Mines from parent Vedanta Resources Ltd, which has regained control of ...
Indian billionaire Agarwal goes after 12% of …
Indian billionaire Anil Agarwal is trying to buy a stake of as much as 2 billion pounds ($2.4 billion in Anglo American (LON:AAL), representing about 12% of the firm, one of the main rivals to the ...
Vedanta founder Anil Agarwal to regain control of Zambian copper …
Indian billionaire Anil Agarwal's Vedanta Resources Ltd. and state-owned ZCCM Investments Holdings Plc have resolved their disputes over a Zambian copper mining complex, following a four-year ...
Vedanta boss Anil Agarwal brags how he bought Zambia's largest copper mine
A video (1), released by activists from Foil Vedanta (2) today, shows Vedanta boss, and 69% owner, Anil Agarwal, telling a large audience how he bought Konkola Copper Mines for just $25 million, rather than the $400 million asking price, and receiving loud cheers when he states that the company brings in $500 million in profit …
Abu Dhabi's IRH vies for Vedanta's copper assets …
The mining investment arm of Abu Dhabi's International Resources Holding (IRH) is in discussions to acquire a majority stake in the Zambian copper assets of Vedanta Resources, Reuters reported. Two …