LUSAKA (Reuters) - Vedanta Resources has challenged Zambia's appointment of a new Provisional Liquidator for Konkola Copper Mines (KCM) following the resignation of the previous office holder.
The firm on Tuesday reported a seven-fold rise in consolidated profit after tax
Power shortages are forcing output cuts from China to Europe
The prolonged closure of its controversial Thoothukudi plant has had an unintended impact on the country's exports of the industrial metal
With the past three days' rally, the market price of HCL appreciated by 58 per cent over its QIP issue price of Rs 119.60 per share
Producers worry that plans to boost mining royalties could stifle investment and make the country less competitive
Company reports higher-than-expected Q3 PAT at Rs 1,877 crore, up 77% YoY
The anticipated economic slump is likely to weaken their prospects
China, Japan, Korea, European Union (EU) are already importing copper concentrate at zero duty
LME copper prices started declining and have remained suppressed ever since the US-China trade war began
India has emerged as an importer of copper ore and concentrates and imports more than 90 per cent of its concentrate requirements due to lack of copper mines in the country
Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls.
Reduced concentrate output globally and heightened demand from Chinese smelters are to adversely affect the supply of feedstock for Indian smelters
Global smelters are negotiating conversion charges which indicate a decline from 2017 levels
Losses are majorly due to non-payment of taxes by the market
Rio Tinto goes Genghis on the copper market