Mineral

IBM has invited applications from eligible companies to establish mineral exchanges, with the platforms initially allowed to facilitate trading in five minerals

The blocks contain polymetallic nodules and crusts with cobalt, nickel, manganese, copper and rare earth elements; bids can be submitted until December 28 at 5 pm

India's first mineral exchange, which would create a transparent, electronic delivery-based trading platform for minerals, is likely to be registered and operationalised by the next financial year, according to a top government official. This comes after the mines ministry's notification of the Mineral Exchange Rules, 2026 in June. The exchange would create a transparent, electronic delivery-based trading platform for minerals, facilitate market-based price discovery and reduce information asymmetry between producers and buyers. "We expect to register and operationalise the first Mineral Exchange by the next financial year. Work on the registration of the exchange is currently under way," Mines Additional Secretary Veena Kumari Dermal said during 60th Annual General Meeting of Federation of Indian Mineral Industries (FIMI). The ministry notified the Mineral Exchange Rules in June to create a state-of-the-art platform with transparent price discovery and standardised quality ...

Only 105 of 720 auctioned mineral blocks have become operational since 2015, as the government tightens rules to accelerate mine development

The eighth tranche of critical mineral auctions will offer 20 blocks across nine states, including lithium, rare earth elements and graphite, to boost domestic mineral security

The Trump administration wants to create a critical minerals trading bloc with its allies that will use tariffs to maintain price floors and defend against China's tactic of flooding the market to undermine any potential competitors. Vice President JD Vance said Wednesday that the trade war over the past year exposed how dependent most countries are on the critical minerals that China has a stranglehold on. "We want members to form a trading bloc among allies and partners, one that guarantees American access to American industrial might while also expanding production across the entire zone," Vance said at a meeting of foreign ministers at the State Department. "What is before all of us is an opportunity at self-reliance that we never have to rely on anybody else except for each other, for the critical minerals necessary to sustain our industries and to sustain growth.

Centre has filed a curative plea in SC challenging the nine-judge verdict that upheld states' powers to tax mineral rights, after earlier bids to limit or review the ruling were rejected

India is transforming how its hunts for copper, lithium, rare earths and more, using AI to shave years off exploration timelines and reshaping the push for critical mineral security

US President Donald Trump said Friday that there seems to be no reason to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths needed for American industry. The Republican president suggested that he was looking at a massive increase of import taxes on Chinese products in response to Xi's moves. One of the Policies that we are calculating at this moment is a massive increase of Tariffs on Chinese products coming into the United States of America, Trump posted on his Truth Social platform. There are many other countermeasures that are, likewise, under serious consideration. The United States and China have been jockeying for advantage in trade talks, after the import taxes announced earlier this year triggered a trade war between the world's two largest economies. Both nations agreed to ratchet down tariffs after negotiations in Switzerland and the United Kingdom, yet tensions remain as China has sought to restr

Hindustan Copper Ltd (HCL) on Friday entered into an initial pact with Oil India Ltd for cooperation on exploration and development of critical and strategic minerals, including copper. The development comes at a time when the country is prioritising domestic production to reduce import dependency on China. State-owned Oil India Ltd (OIL) has a proven expertise in exploration, development, production and transportation of crude oil and natural gas. "In a significant step towards strengthening India's self-reliance in critical and strategic mineral sourcing, Oil India Ltd and Hindustan Copper Ltd signed a Memorandum of Understanding (MoU) on September 19, 2025," HCL said in a statement. HCL, a PSU under the mines ministry, is engaged in mining, production, processing and marketing of copper and related products. It is focusing on mining and beneficiation of copper ore and selling of copper concentrate. Hindustan Copper had earlier told PTI that it plans to bid for critical mineral

China produces the entire world's supply of samarium, a rare earth metal that the United States and its allies need to rebuild inventories of fighter jets, missiles and other hardware

Limestone is a key raw material for cement. It amounts to about 65 per cent of the total raw material cost

The mining reforms introduced in the Union Budget will have a transformative impact and will enhance the competitiveness of India's critical minerals sector, industry players said. In her Budget speech, Union Finance Minister Nirmala Sitharaman said that a policy for recovery of critical minerals from tailings or by-products of mining will be launched. Sitharaman also said that mining sector reforms, including those for minor minerals, will be encouraged through the sharing of best practices and the institution of a State Mining Index. Additionally, the finance minister announced the removal of import duty on 12 critical minerals, cobalt powder and waste, lithium-ion battery scrap, lead and zinc. The sharing of best practices and institutionalising a State Mining Index for minor minerals along with a policy for recovery of critical minerals from tailings will enable circularity and innovation within the industry, Hindustan Zinc Ltd CEO Arun Misra said. As the country transitions t

Tata Steel has captive mines in Jharkhand and Odisha

Under the new rules, offshore areas will be made available for mineral exploration and production only after being notified in the Official Gazette by the administering authority

EU's rationale for pooling together buying orders is that it would hand participants more leverage to achieve more favourable deals and prices for critical minerals essential for the green transition

The Korba-Ambikapur rail line will connect two major cities known for having rich coal reserves

The powers delegated to the CMD would now flow down following a pyramid structure of hierarchy

The court ruled that the payment of these demands shall be staggered in instalments over a period of 12 years, commencing from April 1, 2026

Shift aims to address challenges associated with mining critical minerals