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Searched Tag: critical minerals

The government has approved a ₹16,300-crore National Critical Mineral Mission, with a total outlay of ₹34,300 crore spread over seven years, aiming to achieve self-reliance and accelerate India's journey towards green energy transition

Hindustan Copper, Oil India to jointly explore critical minerals

September 19, 2025, 05:18 PM - 2 min read

Hindustan Copper Ltd (HCL) and state-owned Oil India Ltd (OIL) have entered into an initial pact to explore and develop critical and strategic minerals

Representatives of the auto industry have pressed on the government to secure critical raw materials such as rare earth magnets amid shifting geopolitical alignments and changing trade dynamics

Critical raw materials cause for concern: Auto industry

September 14, 2025, 07:15 PM - 2 min read

India’s auto industry bodies have stressed on the importance of securing rare materials for the industry as geopolitical tensions damage the global trade environment

Of 15 blocks put on auction, 10 that have been auctioned comprise critical and strategic minerals including graphite, phosphorite, phosphate, REE, vanadium and potash and halite, spread across Chhattisgarh, Karnataka, Odisha, Rajasthan and Uttar Pradesh

Poor response to mineral blocks forces govt to cancel auction

August 27, 2025, 05:12 PM - 2 min read

Auction of at least five critical mineral blocks, including one of rare earth element, was cancelled by the government due to poor response by bidders

Prime Minister Narendra Modi with President of Uruguay Yamandu Orsi during a meeting, in Brazil.

Modi urges BRICS to secure critical minerals amid China control

July 7, 2025, 11:16 PM - 4 min read

A supply shortage of rare earth metals has emerged following an export control order issued by China’s commerce ministry in April.

DR Congo and Rwandan delegates initial a draft peace deal in Washington, paving the way for the disarmament of rebels and potential foreign investment in the conflict-ridden mineral-rich region.

DR Congo, Rwanda near peace in US-brokered deal

June 20, 2025, 01:42 PM - 3 min read

The Democratic Republic of Congo and Rwanda have initialled a draft peace accord during US-Qatar brokered talks in Washington. The agreement aims to end decades of conflict in eastern DR Congo and includes joint security measures, disarmament of armed groups, and potential for increased foreign investment.

Govt to offer incentives to boost critical minerals growth

August 14, 2024, 04:57 PM - 2 min read

Targeted subsidies will be provided for mining and establishing evacuation infrastructure to promote participation from Indian public and private sector companies in acquiring overseas assets.

India targets offshore mining leadership with new legislation and rules

April 30, 2024, 07:45 PM - 2 min read

At the Critical Minerals Summit, Joint Secretary Veena Kumari D of the Ministry of Mines announced India's ambition to lead offshore mining, citing recent legislative amendments and the relative scarcity of activity in this sector globally.

The Indian government is gearing up to auction approximately 20 critical mineral blocks in its fourth round of auctions by the end of June, according to Mines Secretary V L Kantha Rao.

India to auction 20 critical mineral blocks in June amid clean energy demand

April 29, 2024, 02:09 PM - 2 min read

Critical minerals such as copper, lithium, nickel, cobalt, and rare earth elements are in high demand due to their integral role in various clean energy technologies, including wind turbines, electric vehicles, and electricity networks. As global transitions to cleaner energy accelerate, the demand for these minerals continues to soar.