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Business Standard

HEG, Graphite India soar up to 12.5% today; here's what's driving the rally

HEG, Graphite India share price today: Resonac Graphite has announced a minimum 20 per cent of global price increase on all new orders

Business Standard

HEG Ltd leads gainers in 'A' group

Vakrangee Ltd, Graphite India Ltd, Alkyl Amines Chemicals Ltd and Samvardhana Motherson International Ltd are among the other gainers in the BSE's 'A' group today, 18 September 2024.

CNBC TV18

Explained — Why shares of HEG and Graphite India are surging today

Graphite India shares have now turned positive for the year after the surge seen in today's trading session.

The Economic Times

Centre asks Jharkhand to auction 10 mineral blocks, warns it will go ahead if state fails to do so

The Mines Ministry has instructed the Jharkhand government to sell 10 mineral blocks, including a gold mine, warning of potential federal auction if the state fails to comply. it cited exploration levels of G2 and G3. These blocks encompass a copper mine, limestone mine, and graphite mine. The Centre's 2021 mining rule amendment empowers it to sell blocks if states do not conduct auctions within agreed timelines. Jharkhand is currently behind in this regard.

Business Line

Ministry scraps critical mineral block auctions

The blocks annulled cover minerals such as graphite, tungsten, cobalt & manganese (including poly metallic nodules), potash among others

The Economic Times

India cancels 14 out of 18 critical mineral block auctions launched in second tranche, notice shows

India has canceled the auction for 14 critical mineral blocks, part of a $362 billion initiative launched in February to promote clean energy transition. The cancellation was due to lack of bids received for blocks containing minerals like vanadium, graphite, and cobalt.

The Economic Times

First critical mineral block auctions winners to be announced on Monday

The winners of six critical mineral blocks, including the highly contested Katghora block, will be announced on Monday. Among them is India's first lithium and rare earth element (REE) mine. The first round of auctions, launched on November 23 last year with 20 mines, saw bids for phosphorite, fertiliser minerals, and more. The lithium block in Chhattisgarh received significant attention with over 10 bids, while graphite mines attracted 4-5 bidders per block.

Business Line

Movers & Shakers: Stocks that will see action this week

Here is what the charts say about the shares of Bank of India, Graphite India and Titan Company