The miner reported a second consecutive record quarter of bauxite production and lifted its full-year estimate to a range of 59 Mt to 61 Mt, on the back of strong performance at the Amrun bauxite mine. Rio Tinto on Tuesday reported softer-than-anticipated third-quarter iron ore shipments and warned it would require a vigorous year-end push...
(L-R) Ravi Prasad, Bhaktha Keshavachar, Mahalingam Koushik, cofounders, Chara Tech Deeptech startup Chara Technologies, which manufactures rare-earth-free motors, has raised $6.2 million in a funding round led by Arkam Ventures, with Exfinity, Kalaari Capital, and IIMA Ventures participating. The company plans to use the fresh funding to scale its rare-earth-free powertrain platform and achieve an...
The Lionheart Project, located at the French-German border, is the largest lithium resource in Europe, according to Vulcan. Vulcan Energy said on Monday that it has signed an agreement with Glencore to supply the mining giant with lithium hydroxide monohydrate from its Lionheart Project in Europe. The company will supply Glencore with between 36,000 tonnes...
Apollo Tyres plans to expand the format with four to five additional premium outlets across major metros in the coming months. Apollo Tyres Ltd on Monday said it has launched its first super premium branded retail outlet in Bengaluru, introducing a new customer-centric format that blends tyre sales with lifestyle experiences. The outlet, inaugurated by...
The centre is empowered register or revoke licenses of a mineral exchange. The Indian Bureau of Mines (IBM) will register and regulate domestic mineral exchanges, the union mines ministry said in a gazette notification Thursday. Enabling provisions to operate a domestic minerals exchange were approved through amendments to the Mines and Minerals (Development and Regulation)...
Revamp Moto had earlier raised over $1 million in its pre-seed funding round from investors including Veda VC and Venture Catalysts besides Aman Gupta, Anupam Mittal, Ashneer Grover, and Peeyush Bansal on the show Shark Tank. New Delhi: Electric vehicles company Revamp Moto, which shot into prominence after its founders appeared on reality TV show...
As the global shift towards sustainable transportation continues, electric vehicles (EVs) have witnessed a surge in popularity within the Indian market. Fueled by technological advancements and government support for eco-conscious mobility, electric cars have emerged as a practical and environmentally friendly option for consumers in India. This article is your guide to the finest electric...
The industry body has also cautioned about possible accumulation of unutilised input tax credit (ITC) with tyre dealers once rate changes are introduced. The Automotive Tyre Manufacturers Association (ATMA) has called for a sharp reduction in Goods and Services Tax (GST) rates on tyres, arguing that the move would help lower vehicle operating expenses, reduce...
China produces around 90 per cent of the world’s rare earths, a group of 17 elements with small but crucial uses in sectors like clean energy, defence and automotives. China on Thursday expanded its export controls over rare earths and related technology in a move to further tighten its grip and dominance on the critical...
8 handcrafted and distinctive limited edition motorcycles labelled as Chrome collection with prices in India New Delhi: The UK-based Triumph Motorcycles Ltd, known for its retro style and heritage design while incorporating modern technologies, has launched 8 handcrafted and distinctive limited edition motorcycles labelled as Chrome collection with prices in India ranging from INR 8.84...