मैगज़्टर गोल्ड के साथ असीमित हो जाओ

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Rio Tinto to make India comeback

Financial Express Lucknow

|

April 18, 2025

Mining giant inks MoU with AMG Metals

- ARUNIMA BHARADWAJ

NEARLY A DECADE after its exit from the country and the government revamping its mining policy to lure global investors, British-Australian giant Rio Tinto is set to re-enter India with significant investment plans for the aluminium sector.

The global mining major, known for its technological edge, has signed a memorandum of understanding (MoU) with AMG Metals & Materials to "jointly assess the feasibility of developing a primary aluminium smelter up to a 1 million tonne per annum (MTPA) capacity along with 2 MTPA of alumina production".

According to a joint statement, the venture will be powered by wind and solar energy firmed by pumped hydel storage.

Financial Express Lucknow से और कहानियाँ

Financial Express Lucknow

New steel scrap policy in the works

THE GOVERNMENT IS finalising a national steel scrap recycling policy, replacing the existing 2019 guidelines, to align it with changing dynamics of the industry arising out of domestic compulsions and commitments, and emerging international developments.

time to read

1 min

January 21, 2026

Financial Express Lucknow

PhonePe gets Sebi nod, eyes listing by April

WALMART-OWNED PHONEPE HAS received approval from the Securities and Exchange Board of India (Sebi) to go ahead with its IPO, sources close to the matter said.

time to read

1 min

January 21, 2026

Financial Express Lucknow

Markets log worst day in 8 months on weak earnings

INVESTOR WEALTH ERODES ALMOST ₹10 LAKH CRORE

time to read

1 min

January 21, 2026

Financial Express Lucknow

The shift from SEO to GEO

HOW AI IS REWRITING THE RULES OF SEARCH

time to read

2 mins

January 21, 2026

Financial Express Lucknow

Recalibration of tax regime may attract larger share of global capital

THE INDIAN CAPITAL market has been at the crossroads in recent times.

time to read

3 mins

January 21, 2026

Financial Express Lucknow

Consumption, imports of fertilisers surge; domestic output drops

WHILE THE GOVERNMENT is aiming to cut urea and diammonium phosphate (DAP) consumption through introduction of nano-variants, sales and imports of varieties of fertilisers have surged significantly, trade sources said.

time to read

2 mins

January 21, 2026

Financial Express Lucknow

No flight cancellations after Feb 10: IndiGo to regulator

ON THE RADAR

time to read

1 min

January 21, 2026

Financial Express Lucknow

FPIs take small bites of IT, durables in December

Better valuations providing some comfort in pockets

time to read

2 mins

January 21, 2026

Financial Express Lucknow

Banks to seek RBI’s approval for longer bulk deposits

BANKS WILL APPROACH the Reserve Bank of India (RBI) for approval to raise bulk deposits for up to three years compared to the current one year cap, three sources said on Tuesday.

time to read

1 min

January 21, 2026

Financial Express Lucknow

Tax sops, restoring indexation among Amfi Budget wish list

THE ASSOCIATION OF Mutual Funds in India (Amfi) has sought restoration of indexation for debt funds and granting capital gains tax exemptions for holding equity-oriented schemes for long-term in the Budget.

time to read

2 mins

January 21, 2026

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