The government on Friday said that once Adani's Kutch copper refinery is ramped up to full capacity, which is likely by early next year, the country will be self-sufficient in refined copper. In a statement, the mines ministry said that till that time some amount of import of refined copper will take place in India. "Adani's Kutch Copper Refinery has since come into production. However, as per company officials, ramp up to full capacity will require some more time (about Feb-March 2025). Once achieved, India will be self-sufficient in refined copper, and will not have to rely on imports," it said. In the last fiscal, India imported about 3,63,000 tonnes of refined copper cathode worth Rs 24,552 crore. Japan accounts for about two-thirds 67 per cent-- of the refined copper imports. In quantity terms, about 69 per cent of the country's refined copper imports come from Japan. Tanzania is India's second important source of refined copper, contributing about 18 per cent of the imports
Complaint details how Adani employees verbally and physically obstruct and prevent 'members of the Aboriginal group from accessing springs near Adani's Carmichael coal mine' to perform cultural rites
The entry, cement executives suggest, has either had zero impact or appears to have accelerated consolidation and its benefits for larger players
At least 21 international organisations have written to Chief Justice DY Chandrachud and requested the Supreme Court to speedily resolve the pending case filed by the Directorate of Revenue Intelligence, investigating Adani Group firms for alleged overvaluation of Indonesian coal imports. The letter comes after a report by the London-based Financial Times, citing documents from George Soros-backed Organized Crime and Corruption Reporting Project (OCCRP), alluded to a "fraud" by the Adani Group by selling low-grade coal as high-value fuel in 2013. Contending that they stand firmly against the continued use of fossil fuels, the organisations said the Financial Times report provided fresh and detailed evidence of the passing off of "low-quality coal as far more expensive cleaner fuel" by the Adani Group in transactions with Tamil Nadu's Tangedco. The 21 international organisations that have written to Chief Justice Chandrachud are Australian Centre for International Justice, Banktrack,
Adani Group is preparing to ship the first coal cargo from Australia's most controversial mine, after battling a seven-year campaign by climate activists and defying a global push
Officials from New York-based BlackRock Inc. and Norway's Storebrand ASA have contacted the State Bank of India, which is majority-owned by the Indian government, about the loan.
The State Bank of India is set to offer a Rs 5,000-crore loan to Adani Enterprises Ltd's Australian mining company, now renamed Bravus Mining & Resources, as per media reports.
Carmichael has provoked controversy in Australia because it would open up a new thermal coal basin at a time of growing concerns over global warming, in a region that is in need of jobs.
Adani Power's Mundra plant alone imported 12.83 million tonnes of coal during the first nine month of this fiscal, a growth of 45.7 per cent over 8.81 million tonnes in the same period a year ago
India plans to float global tenders for the first time for coal mining blocks before end-2019.
The court said it did not go into merits of LRs issued by a metropolitan magistrate but found that due procedure had not been followed while issuing them
The story of Adani and its Australian project illustrates why the world keeps burning coal despite its profound danger
According to media reports, Palaszczuk said the black-throated finch plan decision is due by the May 31
Premier Anna Palaszczuk said the community required certainty on the long-delayed Carmichael mine's outlook, and was tired of waiting for approvals
Adani has claimed the massive project will create 10,000 direct and indirect jobs in central Queensland
Turnbull's govt faces flak from environmental activists who say its letter crossed a line in attempting to drum up funding
The national rallies come as new polling shows more than half of Australians oppose the mine
W&J is contesting Adani group's efforts to secure an Indigenous Land Use Agreement (Ilua)
Said project would create 10,000 direct and indirect jobs; coal from mine will be exported to India
Adani has battled environment groups trying to block what would be Australia's biggest coal mine