Vedanta Ltd, led by Indian business tycoon Anil Agarwal, says it has acquired the Goa-based leading nickel and cobalt producer Nicomet, Business Standard reported.
The acquisition comes when the nickel market is tightening with a surge in battery demand and an increase in global stainless steel production in recent years, the report said, citing a press release.
Read the full report: Business Standard.
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