{"id":457445,"date":"2021-12-21T09:47:00","date_gmt":"2021-12-21T04:17:00","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=457445"},"modified":"2021-12-21T10:41:02","modified_gmt":"2021-12-21T05:11:02","slug":"vedanta-acquires-goa-based-nicomet-becomes-only-nickel-producer-in-india","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/vedanta-acquires-goa-based-nicomet-becomes-only-nickel-producer-in-india\/","title":{"rendered":"Vedanta acquires Goa-based Nicomet; becomes only nickel producer in India"},"content":{"rendered":"<p>Anil Agarwal-led Vedanta Limited said on Monday it has acquired Goa-based Nicomet, a leading nickel and cobalt producer.<\/p>\n<p>The company is making the acquisition when the nickel market is tightening with a surge in battery demand and an increase in global stainless-steel production in recent years&#8211;a trend expected to continue into 2022, said Vedanta in a press release.<\/p>\n<p>&#8220;We are excited about Vedanta\u2019s foray into nickel and cobalt production which will play a critical role in supporting Govt\u2019s mission for an Atma Nirbhar Bharat. Nickel and Cobalt are a metal of great strategic importance, especially for our transition towards clean energy and electric mobility. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Anil Agarwal-led Vedanta Limited said on Monday it has acquired Goa-based Nicomet, a leading nickel and cobalt producer. The company is making the acquisition when the nickel market is tightening with a surge in battery demand and an increase in global stainless-steel production in recent years&#8211;a trend expected to continue into 2022, said Vedanta in a press release. &#8220;We are excited about Vedanta\u2019s foray into nickel and cobalt production which will play a critical role in supporting Govt\u2019s mission for an Atma Nirbhar Bharat. Nickel and Cobalt are a metal of great strategic importance, especially for our transition towards clean [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-457445","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/457445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=457445"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/457445\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=457445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=457445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=457445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}