Page 2 - Mineral Import
Govt to invite bids for 20 critical mineral blocks in 2 weeks: Mines secy
The government will invite bids for 20 critical mineral blocks in next two weeks, a top official said on Tuesday. The 20 critical blocks include lithium and graphite mines, Mines Secretary V L Kantha Rao told reporters here. Last month, the Centre had approved royalty rates of three per cent each for lithium and niobium and one per cent for Rare Earth Elements (REEs). Critical minerals have become important for the nation's economic development and national security. Lithium and REEs have gained significance keeping in mind the country's commitment towards energy transition and achieving net-zero emission by 2070.
 "Govt to invite bids for 20 critical mineral blocks in 2 weeks: Mines secy")
India's domestic mineral production records 7.6% YoY growth in June
The Ministry of Mines on Thursday said that domestic mineral production grew 7.6 per cent year-on-year in June
French mineral firm Imerys plans to ramp up Vizag plant production
Will increase calcium aluminates capacity by 2030 to about 50,000 tonnes from 30,000 tonnes currently in line with India's target of achieving a 300 million tonne crude steel capacity
 "French mineral firm Imerys plans to ramp up Vizag plant production")
India, a rich repository, saw imports of minerals, ores going up in FY17
The persistent rise in imports of some minerals and ores despite the country being a proven repository maybe a bad news for the 'Make in India' campaign
 "India, a rich repository, saw imports of minerals, ores going up in FY17")
