Mining Sector

Improved production, steady pricing and rising domestic demand support outlook, though margins and execution risks remain

The document will be pivotal in outlining agenda that sustains growth and capex, enhances manufacturing and technological capabilities, creates jobs, and makes our economy more dynamic and competitive

Propel Industries expanded its electric mining and construction lineup with four new e-tippers, a next-generation connectivity platform and comprehensive EV service programme for heavy-duty operations

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

Trump had campaigned on a promise to increase US energy output and has sought to roll back energy and environmental regulations since taking office in January

The Union Cabinet approved rationalised royalty rates for graphite, caesium, rubidium and zirconium to encourage domestic mining and promote auctions of critical mineral blocks

Pilot project in Jharkhand and Hyderabad tie-ups mark early gains as Australian mining technology companies eye local subsidiaries and Indian PSUs explore Queensland's mineral assets

Steel and mining major ArcelorMittal on Thursday reported a 31.35 per cent rise in net income to USD 377 million in the September quarter. The Luxembourg-based company had posted a net income of USD 287 million in the year-ago period. The net income is attributable to equity holders of the parent company. The company follows a January-December financial year. Its sales increased by 3 per cent to USD 15,657 million, over USD 15,196 million a year ago. "While markets are challenging and tariff-related headwinds persist, we are seeing signs of stabilisation and are optimistic on the outlook for our business in 2026, when we will benefit from more supportive industry policies in key markets," its Chief Executive Officer Aditya Mittal said in a statement. "Turning to financial performance, the company reported resilient results in what is typically a seasonally weak quarter. The underlying strength of the business is again evident in the structurally higher margins delivered over the

Under the mission, a delegation including eight Mining Equipment, Technology and Services (METS) companies, all of which are Australian First Nations-owned, will visit India

The amendment sets clear milestones between the issuance of the letter of intent (LoI) and the execution of mining leases, with penalties for delays and incentives for early production

The South African government's move to ease mining regulations and privatisation of infrastructure opens up opportunities for Indian business, according to Nitin Agrawal, Group Chairman of Oza Holdings, which has assets in the mining and manufacturing sectors. Agrawal was addressing a gathering of 36 business leaders from the NPO Young Indians, which is part of the Confederation of Indian Industry (CII). The delegation was in South Africa in the past week as part of the G20 Young Entrepreneurs Alliance. South Africa holds the Presidency of the G20 this year. Indian Consul General in Johannesburg Mahesh Kumar hosted the group for interactions with local business leaders, government representatives and business school leaders. "South Africa is a large and developed economy within Africa. It has very well-established mineral reserves and resources, along with very well-developed infrastructure, be it road, rail, or ports that can handle large volumes of commodities. It has a very good

According to a mines department official, a "concrete strategy", which includes aspects like recovery of dues, is being developed

Hindustan Zinc is also looking to begin mining rare earth minerals in India, having won its first such block in the northern state of Uttar Pradesh earlier this year

India and Russia are exploring opportunities in rare earth and critical minerals extraction, underground coal gasification, and creation of modern industrial infrastructure, an official statement said on Wednesday. The issue came up for discussions during the India-Russia Working Group on Modernization and Industrial Cooperation meeting, which was held here under the framework of the India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation. Critical minerals such as copper, lithium, nickel, cobalt and rare earth are essential raw materials required to fuel the growth of rapidly-growing clean energy technologies and their expanding uses ranging from wind turbines and electricity networks to electric vehicles and battery manufacturing. The commerce and industry ministry said the key focus areas included cooperation in aerospace science and technology, including the establishment of a modernized wind tunnel facility, production of

Both associations have submitted a memorandum to T Ravikant, principal secretary (mines), and demanded a solution to their issues

China released the initial batch of quotas for the year just last month, without making the usual public announcement. Firms were instructed to keep the figures confidential

Vedanta Chairman Anil Agarwal unveils a 3D strategy - demerger, diversification, deleveraging - to double the company's size and unlock value, aiming to create $100-billion businesses across sectors

The schemes could be under the National Critical Minerals Mission (NCMM), announced in January

BEML Ltd, one of India's leading mining and construction equipment manufacturers, on Saturday announced the launch of its indigenously designed and developed Motor Grader BG 1205 at its Mysuru complex. This the company said is a significant milestone that underscores BEML's unwavering commitment to self-reliance and aligns seamlessly with the Government of India's Atmanirbhar Bharat vision. "Equipped with an impressive 24-foot blade, the BG 1205 has been meticulously crafted to meet the evolving demands of the mining sector. Designed especially for high-intensity operations in regions such as SECL Bilaspur and Northern Coalfields Limited (NCL) in Singrauli, this state-of-the-art equipment is tailored to support the increasing need for efficient road-laying machinery capable of handling high-capacity dumpers," the BEML Ltd said, in a statement. With a focus on superior performance, the BG 1205 is set to enhance productivity, ensure operational efficiency, and contribute significantly

The state government's focus can be gauged from the fact that the government aims to increase the sector's contribution to Rajasthan's gross domestic product