Top Indian Metal & Energy Industry News & Updates - 09 July 2025,Wednesday
Govt. Policy / Industry
India in talks with Australia to source rare earth minerals
“They (India and Australia) are talking about rare earth and there are blocks available. So there is an opportunity for India to take an early-stage block and have tie-ups with a few companies,” Malini Dutt, Trade and Investment Commissioner, New South Wales Government, Australia, said.
📝 India's hydrogen demand expected to rise at 3 pc CAGR to 8.8 MTPA by 2032
📝 Hyundai, IIT-M join hands to set up Rs 180 cr hydrogen research hub in TN
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Iron & Steel
Metal sector in focus: Why Q1 profits are set to jump 22%? Tata Steel, SAIL, Jindal Stainless on the radar
The metal industry is expected to see flat YoY revenue growth in Q1FY26, while PAT is expected to grow by over 20 percent in the quarter. A Prabhudas Lilladher Capital report says that the overall metal sector is expected to clock 9 percent EBITDA growth and 22 percent PAT growth in Q1.
India defers finished steel QCO as small importers raise concern
📝 Tata Steel to begin construction work of UK's low-carbon project this month
📝 Tata Steel Q1 updates: India production flat YoY at 5.26 million tons on plant shutdowns
📝 Jindal Steel Duqm to start Oman-based 5 MTPA green steel plant in 2028
📝 Steel import juggernaut stalls; domestic prices now cheaper than Chinese steel
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Gold / Silver & Bullion
Kalyan outshines Titan in Q1—will the gap widen further?
Shares of Titan Co. Ltd fell by 6% on Tuesday after the jewellery major reported a tepid business update for the June-ended quarter (Q1FY26), raising fresh concerns about growth amid high gold prices and soft consumer sentiment.
Gold prices fall over Rs 400, silver down Rs 1,000 amid US tariff uncertainties
📝 Kalyan Jewellers shares slip nearly 4% after posting Q1 business update
📝 P N Gadgil Jewellers shares in focus after Q1 revenue rises 2.8% YoY; retail segment up 19.4%
📝 Gold climbs Rs 550 to Rs 99,120/10 g; silver remains flat
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Oil & Gas / OMCs
Explorations in India is now "easier, faster, and more profitable than ever before": Hardeep Puri
New Delhi: Union Minister Hardeep Puri on Tuesday highlighted Central Government's series of sweeping policy reforms under the leadership of Prime Minister Narendra Modi to accelerate oil & gas exploration.
EzUrja to deploy terrain-ready EV charging infra in Himachal Pradesh
Clean energy and electric vehicle (EV) charging solutions provider, EzUrja, has announced a new initiative aimed at building terrain-ready and weatherproof EV charging infrastructure in Himachal Pradesh, tailored specifically to the region’s unique topography and climatic challenges, PTI reports.
Fuel ban on ELVs in Delhi-NCR feferred to November 1
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Coal / Mining
📝 Deccan Gold Mines on track to commission its project in Kyrgyzstan
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Power
Adani Power completes acquisition of 600 MW Vidarbha Power
Adani Power completes Rs 4,000-cr acquisition of Vidarbha Power
The Financial Express
📝 India's power use dips for first time since 2020
📝 DCNT Global commissions 3 GWh BESS plant in Pune
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Renewable Energy
📝 Reliable, scalable energy storage systems key to round-the-clock renewable supply: TKIL Industries CEO
📝 Hyundai, IIT-M join hands to set up Rs 180 cr hydrogen research hub in TN
📝 Delhi HC restrains SECI from terminating power deal with Reliance NU Suntech
📝 International Solar Alliance to hold Regional Committee Meeting in Colombo next week
📝 Delhi consumers to get solar power infrastructure for free; Here's what it means for you
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Nuclear Energy
📝 Tariff norms for N-power plants notified for five years
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International
📝 Trump says U.S. to impose 50% tariff on copper imports, copper futures jump
📝 Copper surges to record as Trump seeks 50% tariff
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