CapEx News

Nexon Geochem Signs MoU with Russia's Giredmet to Set Up NdFeB Rare Earth Magnet Plant in Hyderabad

Metallurgical Industries Jul 14,2026

Nexon Geochem has signed an MoU with Russia's Giredmet to jointly develop rare earth processing and NdFeB permanent magnet manufacturing technologies, targeting a 1,200 MTPA sintered magnet facil

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Berry Alloys Gets 93.43-Acre Land Allotment for ₹1,200-Crore Manganese-Steel Complex in Bobbili, Andhra Pradesh

Metallurgical Industries Jul 13,2026

The Andhra Pradesh government has allotted 93.43 acres at the Bobbili Growth Centre in Vizianagaram district to Berry Alloys Ltd for a ₹1,200-crore integrated manganese and steel materials complex.

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Aditya Birla Group Proposes Additional ₹12,000 Crore to Expand Kansariguda Alumina Refinery in Odisha to 3 MTPA

Metallurgical Industries Jul 12,2026

Aditya Birla Group has proposed an additional ₹12,000 crore investment to expand its Kansariguda alumina refinery in Odisha from 1 MTPA to 3 MTPA, taking total project investment to ₹20,000 crore.

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Adani Enterprises, IHC's IRH Sign MoU for USD 11.5 Billion Integrated Greenfield Aluminium Project in Odisha

Metallurgical Industries Jul 06,2026

Adani Enterprises Limited and International Resources Holding, an IHC Group company, have signed an MoU with the Government of Odisha to form a 50:50 joint venture for a USD 11.5 billion integrated gr

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Construction Begins on ₹16,350 Crore JSW Rayalaseema Integrated Steel Plant in Kadapa, Andhra Pradesh

Metallurgical Industries Jul 04,2026

Construction has begun on the ₹16,350 crore JSW Rayalaseema Integrated Steel Plant at Sunnapuralla Palli in Kadapa district, Andhra Pradesh, to be developed in two phases across 1,100 acres.

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RHI Magnesita Signs JV with Khemka Refractories for Greenfield Refractory Recycling Plant in Odisha

Metallurgical Industries Jun 25,2026

RHI Magnesita has entered into a joint venture with Khemka Refractories to set up a greenfield refractory recycling facility in Odisha, supporting India's steel and refractory supply chain.

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N.A.N. GreenMet, Belgium's Silox Group Form JV For Battery Recycling Hub In Andhra Pradesh

Metallurgical Industries Jun 19,2026

N.A.N. GreenMet and Belgium's Silox Group have formed a 50:50 joint venture, N.A.N. Silox GreenMet Pvt. Ltd., to set up a lithium-ion battery recycling and critical minerals recovery facility in

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Japan's Proterial To Set Up ₹2,250 Crore Rare Earth Magnet Plant At Achutapuram, Andhra Pradesh

Metallurgical Industries Jun 17,2026

Japan's Proterial plans to invest ₹2,250 crore to set up a sintered NdFeB rare earth permanent magnet plant at Achutapuram in Andhra Pradesh's Anakapalli district, after receiving approval

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