IREL Ltd is also likely to participate in government’s incentive scheme for processing and production of rare earth permanent magnets
India's mining sector is evolving to balance economic growth, environmental responsibility, and community development. Innovations in sustainability, gender inclusion, and ecological restoration are shaping a regenerative mining future
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
Industry players have engaged with commerce minister Piyush Goyal and the ministry of heavy industries, seeking incentives to support rare-earth-free technologies alongside mining
The Indian government wants the private sector to take up underground coal gasification to reduce the carbon footprint of the coal sector, which is also a step towards the country achieving net zero emissions by 2070.
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.
India is pivoting towards self-sufficiency in rare-earth magnets, essential for EVs, renewables, and defence -- through policy reforms, private sector involvement, and expanding domestic mining and recycling capacities
The move is likely to translate into a reduction of around Rs 12 paisa per unit in their cost of electricity supply as coal-based capacity accounts for nearly 70% of total generation at an all-India level, according to ICRA Ltd.
The Mines and Minerals (Development & Regulation) Amendment Bill, 2025 also proposes an exchange to facilitate trading in minerals and metals
Apart from facilitating new international acquisitions, the government is also seeking authorization for the disposal of mineral dumps from captive mines through lump sum sales.
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.
The government has called bids for setting up Bharat Small Reactors to decarbonise high-emission industries such as steel and aluminium. It expects at least Rs 35,000 crore in investments from the private sector
The plan will be implemented in a phase wise manner, ensuring rehabilitation and other services to the affected families on a priority basis
Arun Misra said that investments in the rare earths space will come from the Vedanta Group's planned $20 billion capital expenditure across its metals, mining, and hydrocarbons businesses over the next five to six years.
The record numbers indicate renewed confidence in the coal sector as the Indian government seeks to ensure energy security for the country through thermal power till the time firm renewable energy becomes affordable.
In FY25, the company awarded works totalling 8 GW of thermal capacity and it plans to award a similar quantum in FY26. A senior NTPC executive said thermal power plants are in a good position this year to meet the summer demand as coal stocks are adequate.
She added that the barometer of better logistics is the fact that coal imports by domestic power plants have gone down by 30 percent.
Under round 12, a total of 25 coal mines are being offered, comprising 7 mines under Coal Mines (Special Provisions) Act, 2015 and 18 mines under Mines and Minerals (Development and Regulation) Act, 1957.
In the first phase, the government will auction 13 blocks of minerals like zinc, diamond and copper, through an online bidding process.
The move comes as the mining conglomerate seeks to raise funds to ramp up production at one of the world's largest high-grade copper deposits.
The comments came as Pakistan's President Asif Ali Zardari visits China from February 4-8, where he will also attend the opening ceremony of the Asian Winter Games.
The Karnataka government-owned mining company plans feasibility study for four locations: Ajjanahalli in Tumakuru, Wondalli near Raichur and Mangulur in Yadgir, all focused on gold extraction, apart from the Ingaldhal copper site in Chitradurga.
India's Adani Group, whose billionaire chairman has been indicted for fraud by U.S. prosecutors, is facing accusations of racism at its Australian coal unit after an Aboriginal group filed a complaint with the country's Human Rights Commission. The Nagana Yarrbayn Wangan & Jagalingou Cultural Custodians in Queensland state said it filed a complaint alleging serious racial discrimination by the unit, Bravus Mining and Resources, earlier this week. The complaint details how Adani employees sought to obstruct and prevent members of the Aboriginal group from accessing springs near Adani's Carmichael coal mine to perform cultural rites and share cultural knowledge. Watch here for more details -
Darbhanga-raised Shishir Jha's award-winning docufiction, The Tortoise Under the Earth, which released on MUBI, is a poetic rumination on the human condition, deep in the jungles.
Growth in line with the 6.8% forecast of a Moneycontrol poll of 13 economists conducted last week. Higher GVA growth and improving prospects to push growth higher. But may also prompt RBI to hold the policy rate at 6.5% for longer