Lower royalty rates may attract bidders for critical mineral blocks, but without domestic refining capacity, India’s clean-energy and electronics supply chains will remain import-dependent, say industry experts.
Blocks of these four critical minerals will be auctioned, informed I&B Minister Ashwini Vaishnaw after the Cabinet meeting.
Lohum is eyeing a $200 million fundraise and IPO by 2027 as it builds India’s first rare-earth refining hub.
Imports of specialised refining and magnet-making equipment from China have risen four-fold in seven years
India and Peru agreed to hold intersessional meetings to address pending issues ahead of the next round of negotiations to be held in New Delhi in January
Addressing the 8th session of the International Solar Alliance (ISA), President Droupadi Murmu said by 2050, India aims not only to meet its clean energy targets but also to become a hub that aggregates global solar demand and drives innovation, manufacturing and knowledge exchange.
IREL Ltd is also likely to participate in government’s incentive scheme for processing and production of rare earth permanent magnets
The ninth round of negotiations with Peru will be held from November 3 to 5, while a third round with Chile is planned for October 27 to 31. The South American countries are emerging as important sources of rare earths
The auction of 13 blocks, which have cobalt, copper, manganese, and nickel reserves, has been put off at least four times. The latest was August 22
About 80 GW of the 100 GW target will be executed by NPCIL and NTPC through larger projects. The remaining 20 GW will be open to the private sector and mostly be executed through small module reactors, government officials have told Moneycontrol
Prior to this, the Environment Ministry on August 31 also amended the Forest Conservation rules to create an exclusive category for critical and strategic minerals to fast-track forest approvals for such projects.
The company has been in focus of late with the Centre planning a concerted push towards rare earth mining to secure supplies, as well as the company's stated plans to foray into new mining ventures.
The scheme aims at developing recycling capacity in the country for the separation and production of critical minerals from secondary sources.
Commerce Minister Piyush Goyal reiterated that India is holding talks with the US on a bilateral trade agreement (BTA).
Nalco's exports won’t be affected by US tariffs, as it mostly serves the Middle East, says BP Singh. The availability of alumina has, however, risen, creating pressure in the domestic market
As Modi prepares for his China visit, the timing underscores a fundamental challenge facing India's clean energy transition: how to achieve mineral security while navigating complex geopolitical dependencies
The Mines and Minerals (Development & Regulation) Amendment Bill, 2025 also proposes an exchange to facilitate trading in minerals and metals
The dependency-driven vulnerabilities on China could be lessened if Washington would take a comprehensive, competitive industry vision-driven approach to the problem, involving some resource-rich allies
The India-UK Vision 2035 prepares the two countries for a 'BRISK' partnership based on Business, Research, Innovation, Science & technology, and Knowledge, the Indian government said in a statement.
India is looking for bilateral arrangements with mineral-rich countries as China curbs on rare- earth magnets worry the industry
More consultations are warranted since the contours of the scheme won’t mirror any existing subsidy programmes such as the production-linked incentive plan
The bill may also enable the National Mineral Exploration Trust to use its funds for mine development, apart from exploration in India as well as overseas.
Defence and aerospace are other new areas where Australia is interested in collaborating with India, Australia’s trade and investment commissioner Nathan Davis told Moneycontrol.
America must rebuild the infrastructure that underpins markets and thus supply chains
Markets alone will not ensure secure a reliable supply of key materials needed for high-tech industries, says IEA chief Fatih Birol