Mining Industry

The Supreme Court has invited suggestions to constitute an expert committee under its supervision to re-examine the definition of the Aravalli hills and address environmental concerns linked to mining

Tailings refer to the leftover waste material after valuable minerals are extracted from crushed ore, forming a slurry of rock particles, water and processing chemicals

State-owned Nalco is open to venturing into mining of rare earth elements (REEs) with its bid advisor conducting due diligence on domestic auctions for REEs, magnesium and chromite blocks, its CMD Brijendra Pratap Singh Monday said. The move signals National Aluminium Company Ltd's (Nalco) diversification strategy beyond bauxite and alumina, targeting high-value critical minerals essential for electronics, defence, renewables and electric vehicles. REEs are important for magnets in wind turbines, EV motors and missile guidance systems. India, heavily import-dependent with negligible domestic output, views REE self-reliance as key to Atmanirbhar Bharat and reducing China's 80 per cent global dominance amid US-China trade tensions. In an interview to PTI here, the Chairman-cum-Managing Director (CMD) said the bid advisor will assess mine viability, optimal acquisition premiums and participation in upcoming auctions. "The bid advisor will assess if we should participate in domestic .

Sector seeks tax concessions and government-backed protection against geopolitical risks abroad

Rio may ultimately consider paying a takeover premium, some of the people said, while other people suggested that the Glencore side is open to being pragmatic on the subject of management

The companies have been discussing a potential combination of some or all of their businesses including an all-share takeover

Government proposes cutting the timeline to operationalise newly auctioned mines to two years, drawing concern from the mining industry over approval delays

The Supreme Court said confusion over how the Aravalli range was defined warranted a pause, and ordered an independent expert panel to reassess the environmental impact of mining

Vedanta said it was declared the successful bidder for the Depo Graphite-Vanadium Block under the Critical Mineral Auctions Tranche IV conducted by the Ministry of Mines

Graphite mines in the United States largely closed down seven decades ago. Mining the ubiquitous mineral found in everything from nuclear reactors to pencils seemed to make little sense when it could be imported inexpensively from other nations, especially China. That view is changing now. Demand for graphite, a key material in the lithium-ion batteries that power everything from phones to electric cars, is surging as trade tensions with China persist. With federal officials concerned about the steady supply of a number of critical minerals, several companies have plans to mine graphite. In New York, Titan Mining Corp has mined a limited amount of ore from a deposit in snowy woods about 40 km from the Canadian border, aiming for commercial sales by 2028. Company officials believe the geopolitical winds are at their backs to sell graphite concentrate for high-tech, industrial and military uses. That could include heat-resistant coatings in factories, anodes in large lithium-ion ...

Draft mineral concession rules propose letting captive mine owners sell surplus output after meeting end-use needs, alongside steps to ease operations and promote deep-seated exploration

The Centre has directed states to halt new mining leases in the Aravalli range, citing environmental concerns, days after the Supreme Court defined the hills, leaving low-lying areas unprotected

Standing committee flags incomplete DMF projects, uneven funds and weak oversight in PMKKKY

Under the current provisions, captive mine operators are allowed to sell only up to 50 per cent of their annual coal or lignite output after meeting the requirements of their linked end-use plants

China is developing the world's highest unmanned mine in Xinjiang, using driverless trucks to work safely at 5,600m, where low oxygen and rough terrain make human work risky

Under the proposed framework, companies engaged in coal mining must obtain prior approval from their Board of Directors before opening any mine, seam or section of a seam

The Union Cabinet earlier this month approved rate rationalisation for the four minerals to boost domestic production and facilitate their auctions

The Centre has approached the Supreme Court with a curative plea against the ruling that allowed states to levy a cess on mining lands, warning of international implications and strain on the federal

Patel Engineering has secured two projects worth around Rs 800 crore for mining related activities in Chhattisgarh. The company has received letter of intents from Saidax Engineers and Infrastructures. The total project value for both letter of intents combined is Rs 798.19 crore (excluding taxes), Patel Engineering said in a statement. Patel Engineering Ltd has received two Letter of Intents (LoIs) for the execution of excavation and associated works and transportation of coal at a project located at Jhiria West OCP of Hasdeo Area, Bilaspur, Chhattisgarh, for Coal India arm South Eastern Coalfields Limited (SECL). Patel Engineering Managing Director Kavita Shirvaikar said: "The new projects come in addition to a robust tender pipeline of more than Rs 34,000 crores already bid and under evaluation." The company also looks to participate in business opportunities worth Rs 18,000 crore expected to come up for bidding before the end of this financial year, she said. Patel Engineerin

The government has cleared a Rs 7,280 crore plan to build India's first integrated rare earth magnet supply chain, aiming for 6,000 tonnes annual capacity to support EVs, clean energy and electronics