MARKET STRUCTURE · COMPETITIVE · INDIA GMDC and NMDC sign rare-earth pact Change GMDC and NMDC signed a memorandum of understanding to explore joint development of rare earth resources and an integrated value chain at the Ambadungar deposit. Why it matters Creates a formal institutional pathway that centralizes coordination and decision-making for exploration, beneficiation, processing, and downstream rare-earth activities tied to the Ambadungar deposit in Gujarat. Economic Times · 6:39 PM More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
COMPETITIVE · MARKET STRUCTURE · INDIA IMFA completes ferrochrome plant acquisition from Tata Steel Change Indian Metals & Ferro Alloys (IMFA) completed the acquisition of a ferrochrome plant in Kalinganagar, Odisha, from Tata Steel for Rs 707.26 crore. Why it matters IMFA obtains immediate control of 100,000 tonnes per annum of ferrochrome production capacity at the Kalinganagar facility, rising to 150,000 tpa when a partially built fifth furnace is commissioned in about one year; the Rs 707.26 crore transaction was funded entirely from IMFA's internal accruals. Economic Times · 6:19 PM More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
