Plans refining push in Tamil Nadu and Andhra Pradesh; lithium recycling capacity to rise to 300,000 tonnes in five years; magnet recycling capacity to increase 100-fold in two years
Both sources, who were directly involved in the decision-making, sought anonymity because the discussions were confidential
Russia has been cultivating ties with a string of African countries, through efforts including military cooperation, and has strengthened relations with Mali and Burkina Faso
The focus would be on lithium and rare earths, and India would also seek access to mineral-processing technologies
The Shanghai exchange unveiled an internationalisation plan last May, which included a proposal to allow overseas investors to post foreign exchange as collateral for yuan-denominated trades
TD Cowen analysts said a government stake would lend credence to project completion and expansion to multiple phases with perhaps enhanced economics
PwC report says M&A in critical minerals dropped sharply in 2024 as lithium prices plunged, supply fears eased and governments tightened scrutiny on strategic resources
In premarket trading, Albemarle Corp jumped nearly 9 per cent, while Chile's Sociedad Quimica y Minera rose 6.5 per cent and Lithium Americas gained nearly 9 per cent
Chinese battery manufacturer announced internally that the Jianxiawo mine would be halting operations temporarily, the report said, adding that affiliated refineries in nearby Yichun had been informed
State-run NLC India is at an advanced stage of discussions with a Russian government-owned company for sourcing lithium from its mine in Africa. The development assumes significance as India is taking measures to ensure a stable supply of lithium to meet the country's clean energy demand. Sources privy to the development said that NLC India is in talks with a public sector company of Russia for equity participation in a lithium block in Mali, Africa. India is focusing on exploring and developing lithium blocks both in the domestic market and overseas, as the demand for this critical mineral is growing, particularly from electric vehicle battery manufacturers. NLC India's core business includes the mining of coal and lignite as well as power generation. The PSU has diversified into the renewable energy and coal mining business in India and abroad. The company had bagged two critical and strategic mineral blocks in the fifth round of auction. It won two phosphorite and limestone blo
EVs to drive India's lithium-ion battery demand to 115 GWh by 2030, ICEA report says, warning of $5 bn import exposure and underutilised recycling capacity
Indian public sector companies are 'working out the implementation of the investments' in the Latin Amercian country to produce, refine, and export minerals, the MEA said
The Quad grouping has launched an ambitious initiative to ensure a stable supply of critical minerals under a broader goal to strengthen economic security amid concerns over China's coercive tactics, including price manipulation and restrictions on the export of the vital resources. The decision on rolling out the "Quad Critical Minerals Initiative" was announced after a meeting of foreign ministers of the member nations of the grouping in the US capital on Tuesday. Critical minerals such as lithium, nickel and graphite are considered vital for high-end technology products, including electric vehicles (EVs), drones, and battery storage. China has been a dominant player in the critical minerals supply chain globally. The meeting was attended by External Affairs Minister S Jaishankar, US Secretary of State Marco Rubio, Australian Foreign Minister Penny Wong and her Japanese counterpart Takeshi Iwaya. In a joint statement, the Quad foreign ministers expressed "deep concern" over the
A team from OIL - the first state-run oil firm to set up a dedicated department for critical minerals - visited the so-called Lithium Triangle last month
These talks had previously been halted because the Chilean government required CIL to have prior experience in mineral mining
Government-backed Khanij Bidesh India Ltd (KABIL), Coal India, Oil India, and ONGC Videsh are in talks with SQM for stakes of 20 per cent in its Mount Holland and Andover projects in Australia
State-owned CIL is looking at lithium blocks in Australia and Argentina, company's Chairman P M Prasad said on Wednesday. Speaking on the sidelines of the 11th Asian Mining Congress and the 11th International Mining Exhibition, Prasad said Coal India Ltd (CIL) is targetting a production of 875 million tonnes (MT) and offtake of 900 MT in the 2025-26 fiscal year. The company accounts for over 80 per cent of domestic coal production. Prasad further said the Rs 10 per tonne price hike for both coking and non-coking coal with effect from April 16 will have minor impact on the company's revenue. CIL's pithead stock as on March 31, 2025 was 106 million tonnes, the highest so far. CIL's foray into critical minerals is driven by the need to reduce its reliance on coal and align with global trends prioritising these minerals for clean energy technologies.
Cobalt, copper, nickel and lithium are among the metals the government plans to purchase, according to people familiar with the discussion
India and Argentina on Wednesday signed an agreement for deeper collaboration in exploration and resource development of critical minerals, particularly lithium, an official statement said. The Memorandum of Understanding (MoU) was signed in the presence of Union Minister for Coal and Mines G Kishan Reddy, Governor of Catamarca, Argentina, Ral Alejandro Jalil, here. Both sides discussed expanding cooperation in the mining sector, particularly in lithium exploration and investment opportunities, the Ministry of Mines said in a statement. "A key highlight of the meeting was the signing of a Memorandum of Understanding between Mineral Exploration and Consultancy Limited (MECL), a PSU under the Ministry of Mines, and the Provincial Government of Catamarca, Argentina, which will pave the way for deeper collaboration in exploration and resource development of critical minerals," it said. Argentina, known for its vast lithium reserves, is a crucial partner for India in securing essential
Jiangsu Jiuwu Hi-Tech told customers last month it would stop exporting a piece of filtration equipment known as a sorbent from February 1