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A parliamentary panel has stressed the need for seamless coordination among ministries to bolster the country's self-reliance in critical minerals like lithium, graphite, cobalt, and rare earth that are vital for a technology-driven future global economy. In its report, the Committee noted that the "Atmanirbhar Bharat" initiative, with its strong emphasis on self-reliance, holds immense potential to secure a sustainable supply chain of these minerals and enhance the country's industrial competitiveness. However, it cautioned that without effective coordination, these efforts may fall short. "The Committee...suggest that alongside the Ministry of Mines, which is leading these efforts, all ministries concerned, State governments and agencies should work in close alignment to ensure that the country remains competitive in the critical mineral sector," the Standing Committee on Coal, Mines and Steel has said in a report. The committee recommended that the mines ministry, which is ...
Amid the rising global demand for rare earth elements, a parliamentary panel has urged the government to bolster IREL (India) with focused budgetary support to prioritise exploration and mining of the critical mineral. IREL (India), a central public sector enterprise under the Department of Atomic Energy (DAE), is the only company in India that is engaged in the mining of rare earth ores and refining them into rare earth oxides. The Standing Committee on Coal, Mines, and Steel, in its latest report, also asked the government to formulate strategies for their domestic availability, identification, exploration, and economic viability, aiming to bring down the country's heavy import dependence. Rare earth minerals broadly are a group of metallic elements that are difficult and expensive to extract and process because they are rarely found in high concentrations. They play a critical role in clean energy applications like wind energy turbines, hybrid car batteries, electric motors, sol
A Parliamentary Panel has flagged delays between mine auctions and operationalisation and has urged the government to explore setting up an inter-ministerial committee to monitor the post-auction progress for mineral and critical mineral projects. The panel also stressed that critical mineral projects should be given priority in necessary statutory clearances. "Although policy initiatives and simplification of exploration norms for auction of mineral blocks are in place, the Committee feels that the lengthy process of regulatory clearances, inadequate exploration, forest clearance requirement even at the exploration stage, considerable time lag between auction of mines and their operationalisation, etc., needs to be looked into," it said. The observations were made by the Standing Committee on Coal, Mines and Steel in its latest report titled "Self-Reliance in Minerals and Metals". "In view of these persistent challenges, the committee desires to explore the possibility of setting
The government on Sunday said it has amended the Mineral (Auction) Rules, 2015 to introduce timelines for different activities after the auction of mineral blocks to expedite their operations. The amendment has put in place milestones between the issuance of the letter of intent and the execution of mining leases, with imposing of penalties for delays and giving incentives for early production. The move aims at improving monitoring across the stages of mine development and preventing bidders from sitting on the blocks without beginning the operations. "As the latest step in its endeavour to fast-track operationalisation, the Ministry of Mines has notified amendment to the Mineral (Auction) Rules, 2015 on October 17, 2025 introducing intermediary timelines for various activities to be completed after issue of Letter of Intent till execution of mining lease," an official statement said. Under the amended rules, approval of the mining plan should happen within six months, environmenta
The government has cancelled the auction of five critical mineral blocks, including a rare earth element (REE) block in Karnataka, in the fifth round of auction due to poor response. There were no bids for three blocks -- two glauconite mines in Gujarat and Chhattisgarh and one Nickel and PGE (Platinum Group Element) block in Karnataka, which led to cancellation of their auction, the mines ministry said in a notice. Besides, sale of two other blocks -- a tungsten mine in Maharashtra and an REE block in Karnataka -- was annulled for lack of minimum three technically qualified bidders, it said. The fifth tranche of auction of critical and strategic mineral blocks was launched in January. Of 15 blocks put on auction, 10 have been auctioned. These 10 blocks comprise critical and strategic minerals including graphite, phosphorite, phosphate, REE, vanadium and potash and halite spread across Chhattisgarh, Karnataka, Odisha, Rajasthan and Uttar Pradesh. Coal India, Oil India, NLC India,