Page 2 - Mineral Sector

Electric two-wheeler manufacturing loses charge amid rare earth shortage

Industry racing to fast-track magnet-free designs, diversifying sourcing

India, Russia to collaborate on rare earths, critical minerals mining

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

Apple turns to Japan to ease China's rare-earth magnet supply squeeze

This squeeze had forced the company to close down the plant for two weeks till June-end - a move that was unprecedented

Peru pitches critical minerals to Indian firms, FTA likely by early 2026

Amid China export concerns, Peru seeks Indian investment in rare earths and logistics as FTA nears finalisation, offering opportunities in energy, defence, and technology

Rajasthan hikes royalties on minor minerals by up to 30% after 4 years

The Mines Department had sent a proposal to increase the royalties on minor minerals to the state government a few days ago

Centre launches targeted DMF push for aspirational districts initiative

Eyes ₹32,000 crore local development boost

India plans to kickstart rare-earth magnet output to cut China dependence

The policy blueprint is likely to be submitted for cabinet approval soon, the people said. The final outlay for the program is subject to internal consultations and could change

Vedanta reports record alumina, ferro chrome output in Q1 FY26 results

Vedanta posts strong quarterly performance with record alumina and ferro chrome production, higher zinc output, and operational gains across key metals and power businesses

Quad launches major initiative to steady supply of critical minerals

In a significant move, the Quad grouping has launched an initiative to ensure the availability of critical minerals under a broader goal to strengthen economic security amid concerns over China's coercive tactics, including price manipulation in the sector. 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. A readout of the meeting said the new initiative is an "ambitious expansion" of the Quad partnership to strengthen economic security and collective resilience by collaborating on securing and diversifying critical mineral supply chains. 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. "This new flagship initiative, alongside the high-impact programmes and outcomes the Quad is realising, will enable our four ...

Hindustan Zinc eyes rare earth minerals, but production may take 5 years

Hindustan Zinc CEO says removing regulatory hurdles could fast-track mineral production in India

Coal India, Hindustan Copper to work together in critical mineral sector

State-owned CIL on Tuesday said it has signed an MoU with Hindustan Copper to work together in the critical mineral sector. The two companies executed the non-binding Memorandum of Understanding (MoU) on Monday to collaborate across various aspects in the copper and critical minerals sectors, CIL said in a BSE filing. Earlier, CIL and IREL (India) Ltd had signed a non-binding MoU to cooperate and collaborate on the development of critical minerals. The MoU aims to promote the development of mutually agreed assets of critical minerals, including mineral sands and rare earth elements. CIL accounts for over 80 per cent of the domestic coal production. 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.

HCL to bid for critical mineral blocks with IOCL, GAIL, RITES: Official

Hindustan Copper Ltd , a Miniratna CPSE under the Ministry of Mines, plans to bid for critical minerals and rare earth element blocks along with other PSU's like Indian Oil Corporation Ltd (IOCL), GAIL (India) and RITES as part of its diversification strategy, a top official said. The copper company will soon enter into non-binding agreement with IOCL and GAIL (India) Ltd for this purpose. "Hindustan Copper (HCL) will participate in the auctions which will be coming up not only for copper blocks but also for blocks pertaining to critical minerals and rare earth minerals. "For example, if there is a critical mineral block or REE put up for auction by the Ministry of Mines & State Government, we will evaluate them and then HCL plans to tie up with PSUs on case to case basis to bid for those blocks, "Sanjiv Kumar Singh, Chairman and Managing Director, HCL told PTI in an interview. The company also plans to enter into pact with Coal India Ltd (CIL) for taking part in activities ...

China's rare earth exports hit five-year low as magnet sales curbs

Export controls launched on April 4 covered not just seven individual rare earths, but also magnets that contain even tiny amounts of them

Hindustan Zinc to invest ₹12,000 crore to double refined metal capacity

Board approves expansion of metal and silver capacity to over 2,000 KTPA and 1,500 tonnes respectively, with new smelter and mines to be built over the next 36 months

Build good external relations for steady supplies of critical materials

Serious doubts have now emerged in many countries regarding dependence on other countries for critical materials because it is not easy to develop alternate sources of supplies quickly

What's behind 40% surge in GMDC stock price in past one month?

Shares of GMDC moved higher by 8 per cent to hit an over 10-month high of ₹414 on the BSE in Friday's intra-day trade amid heavy volumes.

Auto equipment manufacturers make 2-pronged plans for rare earth crunch

Firms weigh importing motors or sending parts to China to keep assembly lines running

Suzuki halts Swift production in Japan as China curbs rare earth exports

Swift production halt: Global auto supply chains are feeling the heat as China tightens rare earth mineral exports, disrupting production at Suzuki, Ford, BMW, and others

Coal India resumes discussions with Chile to acquire lithium blocks

These talks had previously been halted because the Chilean government required CIL to have prior experience in mineral mining

Seven rare earth minerals that China is weaponising in trade war with US

In response to punitive tariffs imposed by Washington, Beijing earlier this month added seven rare earths to its export control list