Algomtl
svgfair.com
 
Detalle
China Bienes de equipo
Bienes de equipo

Hindustan Copper courts Nalco to form JV for funding mining projects

alt
Hindustan Copper Limited (HCL) held talks for a possible joint venture with aluminium major Nalco as part of the company's effort to explore alternative options to fund new mining projects. With the company's proposed follow on public offer (FPO) getting delayed, this is one of the options other than raising production, a joint venture with Nalco and external commercial borrowings.
"The timing of the FPO will be decided by the department of disinvestment. We are using the delay in the FPO to explore other means of raising finance. The need for FPO proceeds to fund our projects has also gone down with increase in our internal production," Shakeel Ahmed , CMD of HCL said.
HCL's expansion plan is focused on raising its mining output four-fold to 12 million tonne from its current level of 3.6 million tonne. With LME copper prices ruling at firm levels of $9100 per tonne, the company says it is confident of generating funds from internal sources in the next two years but will face a funds gap in 2013.
"We will able to meet our expansion needs in the current year 2011-12 and the next year (2012-13). However, we will face a fund shortfall of Rs 207 crore in 2013 and we are exploring ways to meet this gap," Ahmed said.
discussions with Nalco for a joint venture. How-ever, this will take time and we will proceed after all the necessary due diligence is done," Ahmed added.
Ahmed added. If HCL decides to tie the knot with Nalco, the JV will mainly be responsible for developing the lucrative Malanjkhand copper mines in MP.
Ubicación : SHICHEN ROAD, 300400 AITANTI,
Persona a contactar : tw aluminum, +15 0 22 12 77 19

Buen trato: comprar del vendedor

Visita nuestra guía para una transacción segura! En ningún caso Algomtl no se hace responsable de los anuncios. Sólo la responsabilidad del vendedor o del comprador en caso de litigio está involucrado.
Por favor, lea nuestras condiciones de uso. También puede visitar nuestras preguntas frecuentes y ver nuestra información sobre los riesgos relacionados con la falsificación.
Esta página es acerca de los importadores y exportadores de
Hindustan Copper courts Nalco to form JV for funding mining projects

Buscar en la categoria : Bienes de equipo
Buscar en la categoria :
copper, hindustan, courts, mining, funding, nalco, form
Irán 225400 Vehiculos
PowerNox™ 4426 CAS No. 118-82-1

Viernes 22 marzo 2024

2,2',6,6'-tetra-tert-butyl-4,4'-methylen ediphenol Synonym: 4,4ʹ-methylenebis (2,6-di-tertiary-butylphenol) Phenol, 4,4-methylenebis(2,6-bis(1,1-dimethyleth)) )- PowerNox™ 4426 has extreme low volatile. It is used for synthetic resin antioxidants due to its resisting thermal oxidation...)

TinToll Performance Materials Co., Ltd.

  • 225400 - Jiangsu
  • 025 58599930
Alemania 60386 Informática
Netgear Switch non manageable 10 Gigabit/multi-Gigabit - GS110MX-100PES

Jueves 30 junio 2022

Cantidad : 100

Libérez le potentiel de vos appareils 10 Gigabit/Multi-Gigabit Connectivité Port de console RJ-45 Type de port Ethernet RJ-45 de commutation de base 10G Ethernet (100/1000/10000) Quantité de ports .Gigabit Ethernet (copper) 8 Quantité de ports Ethernet RJ-45 de commutation de base...

MaKant Europe GmbH & Co. KG

  • 60386 - Frankfurt am Main
  • +49 (69) 9 150 750 14
Francia 467000 Materias primeras
GRAPHITE MOLDS FOR SALE

Sábado 09 julio 2022

Cantidad : 30000TONS - Precio : 1-20USD/KG

In recent years, with the rapid development of die and mould industry, graphite materials, new processes and increasing die and mould factories are constantly impacting the die and mould market. Graphite for mold making has gradually become the preferred material for die and mould...

Pingdingshan Wanhui Graphite Co., LTD

  • 467000 - Pingdingshan
  • 0375 6506966
  • 86 15539792960
 
Pago seguro

Informations

Les plus recherchés