Higher mineral tax likely to pose a challenge to cement sector recovery
A Supreme Court (SC) judgment in July 2024 is now impacting the cement industry. The SC ruled that state governments have the ...
Ramco Cements, Dalmia Bharat, ACC, UltraTech shares: Impact of Tamil Nadu limestone taxes
Among cement companies, Ramco Cements has the highest clinker capacity in TN (52 percent of its total clinker capacity), ...
Global Cement1d
Tamil Nadu government proposes limestone mining tax
India: The Tamil Nadu government will impose a mineral-bearing land tax of US$1.82/t on limestone under the Tamil Nadu ...
Vanguard5d
Kebbi discovers five new mineral deposits, expands total to over 30
The Kebbi State Government has announced the discovery of five additional solid mineral deposits, raising the total number of ...
Ramco Cements faces new setback as Tamil Nadu's mining tax may increase costs
With about half of its total clinker capacity in Tamil Nadu, Ramco is seen as the worst-affected among its listed peers.
Tamil Nadu may levy Rs 160/t on limestone; Dalmia Bharat, Ramco Cements, India Cements impacted
In Tamil Nadu, cement prices have been on a declining trend, especially over the past couple of years as a result of the ...
standardmedia.co.ke2y
Cement firms jostle for Kenya's Kitui’s limestone
For the best experience, please enable JavaScript in your browser settings. The vast mineral resources in Kitui County have seen several firms work overtime to elbow ...