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Vedanta Aluminium shares rise as Citi and Kotak turn positive on stock
19 Jun 20262MINS
Primary AL
Vedanta Aluminium shares were in focus on Thursday after brokerage firms Citi and Kotak Institutional Equities initiated coverage on the stock with ‘Buy’ ratings. The stock was trading 0.56 per cent higher at 9:40 am and had earlier risen as much as 2.93 per cent to INR 479 (USD 5.08) per share. Despite the gain, Vedanta Aluminium remains more than 10 per cent below its listing price of INR 522 (USD 5.53). Vedanta Aluminium was listed on the stock exchanges on June 15 and was the only one of ...
VBX secures environmental approvals to expand Wuudagu bauxite project
18 Jun 20262MINS
Bauxite
VBX Limited has obtained approval from the Western Australian Environmental Protection Authority (EPA) and the Australian Government's environment department to modify the development plan for its Wuudagu bauxite project in northern Western Australia. The revised proposal reduces the project's indicative footprint by almost 10 per cent to about 1,775 hectares while increasing planned mining and beneficiation rates to up to 9 million tonnes per annum (Mtpa). One of the major changes involves ...

18 Jun 20263MINS
Bauxite
Australian mining company Canyon Resources has refined the development timeline for its Minim Martap bauxite project in Cameroon’s Adamawa region, with the first shipment of bauxite now expected by the end of the third quarter of 2026, around late September. The project is being developed through Canyon’s local subsidiary, Camalco. Before exports can begin, the company must complete a logistics network connecting the mine to Cameroon’s railway system and the Port of Douala. According to the ...
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