Shipments of key engineering products like electric machinery, auto parts, industrial equipment, and construction machinery are projected to grow at 12–20 percent CAGR.
Lower TC/RC margins could result in a 25–30 percent hit to Hindalco's copper EBITDA.
The mining and refining company is betting on stable commodity prices and strong demand from India's steel industry, amid targets for steel capacity to reach 300 million tonne by FY30. It expects commodity prices to average around $2,650 per tonne for zinc, $1,950 per tonne for lead, and $34 per troy ounce for silver, based on the latest consensus for FY26.
Arun Misra said that investments in the rare earths space will come from the Vedanta Group's planned $20 billion capital expenditure across its metals, mining, and hydrocarbons businesses over the next five to six years.
The lower coal import for FY25 has also resulted in foreign exchange savings of approximately $7.93 billion or Rs 60,681.67 crore for the fiscal.
Konkola Copper Mines has reserves and resources of 16 million tonnes of highest grade copper. The mine also has cobalt reserves and resources amounting to 412,000 tonnes, reinforcing its potential as one of the top five cobalt producers globally.
Zinc prices have been under pressure this year due to rising supply and weak demand. The heavy reliance on construction sector, facing a global slowdown, along with tariff-related uncertainty for manufacturing has further dampened sentiment.
Energy, metals and machinery accounted for nearly 31% of the total imports that saw tariff increase in 2023. India was the worst performer, with 19.4% of total imports entering the country facing higher tariffs than a decade ago.
US prices for the three key industrial raw materials have been ratcheting higher for weeks, partly driven by manufacturers’ efforts to build up stocks before US President Donald Trump imposes tariffs on the metals
While India is not a major exporter of primary steel or aluminium to the US, analysts said that local manufacturers could feel the pinch if excess steel capacity in China and South Korea is directed towards India.
China’s centrality to the metals sector has perhaps never been as evident as it is was in 2024 and is likely to play out in 2025 as well
In 2017, El Salvador became the first country in the world to ban forms of metals mining.
In this video, we explore the recent surge in gold prices, which have reached a fresh high of $2,732.73 per ounce. With uncertainties surrounding the U.S. elections, rising tensions in the Middle East, and rate cuts by major central banks, gold is becoming a favored safe-haven investment. We also discuss the implications of these developments on the silver market, which has hit a near 12-year peak. Stay tuned for insights on what this means for investors!
Indian steelmakers have been under pressure due to cheaper imports from China, Vietnam, and other countries for the past year. They have been urging the government to put in place trade measures such as tariffs to cushion them from volatility in pricing mechanisms.
The dumpling of steel in the Indian market will exert margin pressure on local companies
The company's expansion plans will include brownfield projects at existing mines and the construction of a greenfield smelter with up to 600,000 tonnes of capacity, CEO Arun Misra said.
Copper in the last couple of months has done great on charts, surging from a low of $8800 to almost $10000 a ton. Prices are holding at 2-year highs as Markets anticipate a deficit in copper supplies in 2024. Prices have gained 12% in the past month and are up 25% since October 2023. Copper is a great investment story! It has supply-side challenges, concentrate tightness and restocking effect after a long manufacturing slowdown. But will this bull run continue? Watch to know more.
During periods of reflation trade, investors turn overweight on sectors or assets that will gain from rising inflation
Global Silver prices at 3-year high near $28/oz . Prices in India at all time high near Rs 82,000/kg. Silver takes support from record gold levels. -1/3rd supply consumed by solar industry. Manisha Gupta tells more about it
Silver Prices Near All Time High At ₹78,000/kg, up 10% in one month. Silver prices hit 23 month high above $26 an oz. Silver prices takes support from record gold.1/3rd silver supply consumed by solar industry. Catch Manisha Gupta in conversation with Chirag Thakkar, Director of Amrapali Group on Commodities Corner.
China's hunger for metal is so voracious that plans for mining the materials needed for the energy transition stand or fall on whether the current real estate crash will allow millions of metric tons of copper, aluminum and nickel to be diverted from apartment fittings toward solar panels, electric cars and wind farms
There plans to cut Chinese dependency are coming nearly a decade too late. If rich democracies wanted to build a clean-energy industry free of Beijing’s influence, they should have had their checkbooks out when miners and processors were starved of cash during the 2010s. The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick
Catch Manisha Gupta in conversation with Vikram Dhawan, Head of Commodities & Fund Manager at Nippon India Mutual Fund for more details
At a time when India’s domestic market appears increasingly attractive, the eventual success of global forays by some Indian conglomerates proves that going overseas has gains beyond the immediate
Slumping prices for nickel and lithium mean that electric vehicles have far better prospects than the current gloom in the market would suggest, as materials costs fall and encourage wider adoption. Copper has the opposite problem. Current prices are great for miners — but they make every product that will drive the decarbonization of our economy a little more expensive
