HomeNewsBusinessPrivate entities not allowed in offshore mining of uranium and thorium, Centre clarifies

Private entities not allowed in offshore mining of uranium and thorium, Centre clarifies

The new rules talk about mining beach sand minerals, primarily composed of monazite, ilmenite, rutile, zircon, garnet and sillimanite. Monazite is a valuable resource due to its high concentration of thorium and traces of uranium.

August 06, 2025 / 15:24 IST
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India’s plan to tap its seabed for mining atomic minerals such as uranium and thorium to fuel its nuclear energy programme will not be open for private entities, Centre said on August 6.

“The rules provide the procedure for the grant of operating rights for atomic minerals only to the government, government companies, or corporations and not to private entities,” the Ministry of Mines, which formulated the rules in consultation with the Department of Atomic Energy said in a statement.

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While extraction of atomic minerals through offshore mining will take time to fructify, Moneycontrol on June 16 reported that India plans to quadruple uranium imports for its nuclear energy mission.

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