Page 5 - Minerals

Rs 1,500 cr incentive scheme in the works for recycling critical minerals

Midwest Advanced Materials to produce rare earth magnets as India eyes local recycling of critical minerals following China's supply curbs

RITES, HCL sign pact to develop critical mineral supply chain

Engineering firm RITES Ltd on Friday said it has signed an agreement with Hindustan Copper Limited (HCL) to jointly develop the supply chain for metals and minerals, including critical minerals, both in the domestic market and overseas. The partnership will focus on exploration, extraction, refining, and production activities in India and abroad. The collaboration includes participation in mineral block auctions and the development of mining infrastructure. As part of the Memorandum of Understanding (MoU), RITES will provide consultancy and logistics solutions, including project planning, transport infrastructure development, multimodal transport planning, and rolling stock support, to strengthen the mining operations of Hindustan Copper. "This strategic partnership aims to build an integrated, self-reliant mineral value chain that supports India's critical mineral security, fosters sustainable growth, and strengthens the nation's economic resilience," the company said in a ...

How China gained control over the global rare earth minerals supply chain

China has intensified its dominance over the global supply of rare earth elements by adding critical minerals to its export control list, further straining already fragile global supply chains

Incentives for minerals recycling in final stages of approval: Govt report

The scheme, which will includes lithium-ion batteries, will give capex subsidy to eligible recyclers, according to the document shared with reporters

Global alarms rise as China's critical mineral export curbs takes hold

German automakers became the latest to warn that China's export restrictions threaten to shut down production and rattle local economies, following similar complaint from an Indian EV maker last week

MHI moves closer to rare earth magnet scheme, calls June 3 stakeholder meet

The industry group also suggested a delegation of auto-company representatives go to China to take up the matter with the authorities there

Export controls are endangering the fragile US-China truce

Just two-and-a-half weeks after agreeing to suspend tariffs, both countries are using export controls to disrupt each other's key industries

Trump admin to weigh request for leasing seabed mining of critical minerals

The Trump administration said Wednesday that it will consider selling leases to extract minerals from the seabed off the South Pacific island of American Samoa, a potential first step in a wider industry push to allow deep-sea mining that environmentalists oppose because they say it could irreparably harm marine ecosystems. The Department of Interior said it is responding to an April request from California-based company Impossible Metals for a commercial auction. The company wants to mine the ocean floor for deposits of nickel, cobalt and other critical minerals. Last month, President Trump signed an executive order directing the National Oceanic and Atmospheric Administration to fast-track permits for companies to mine the ocean floor in US and international waters. The move comes amid the Trump administration's trade war with China, which controls many critical minerals such as nickel, cobalt and manganese used in high-tech manufacturing, including for military uses. Critical ..

Rajasthan govt aims over ₹12,950 crore in mining revenue for FY26

Rajasthan is one of the leading mineral producers in the country, with 22 major minerals and 36 minor minerals

Critical minerals: Global challenge to China dominance gains pace

China has 44 per cent of the known rare earth deposits that contain such critical minerals

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

Govt may formalise incentives for critical minerals recycling this year

India has identified the 24 minerals as strategic and critical to its efforts to meet clean energy goals and move towards net zero greenhouse gas emissions by 2070

Odisha govt lost Rs 864.45 crore mineral revenue during 2015-22: CAG report

The Odisha government has "lost revenue of Rs 864.45 crore" from minor mineral sources during the financial years 2015-16 to 2021-22, the Comptroller and Auditor General of India (CAG) said in its latest report. In its audit report on collection of revenue from minor minerals, the CAG said the government failed to collect Rs 864.45 crore towards the District Mineral Fund (DMF) and Environment Management Fund (EMF) on royalty from minor minerals supplied by contractors and used in public projects without valid transit passes amounting to Rs 4,624.58 crore. The authorities in charge of public projects deducted royalty amounting to Rs 4,624.58 crore from the bills of contractors or project executants due to non-production of valid transit passes and purchase receipts in support of procurement from authorised sources. A total of Rs 885.70 crore towards DMF and EMF on royalty was to be realised in the state, during 2016-22. However, the authorities in charge of public projects in 14 ...

Smart mining feeds tech's hunger for rare earths and critical minerals

Mining's next phase of growth is being shaped by the very technologies that use what it digs out from the Earth. Technology is making mining greener and safer

Chhattisgarh govt expands mineral exploration with 13 new projects

Initial surveys estimate reserves of 283 million tonnes (mt) of limestone, 67 mt of iron ore, and 300,000 tonnes of bauxite, a senior official of state mineral resources department said

Govt launches critical minerals exploration licence auction for 13 blocks

Union Coal and Mines Minister G Kishan Reddy on Thursday launched nation's first-ever auction of Exploration Licences (ELs) for 13 exploration blocks for critical minerals. Reddy launched the ELs in the presence of Goa Chief Minister Pramod Sawant in Dona Paula near here, a major reform aimed to unlock India's untapped critical and deep-seated mineral resources. The licenses are for the exploration blocks for minerals like REE (rare earth elements), zinc, diamond, copper, PGE (platinum group minerals) and others. The programme also featured a roadshow on the 5th Tranche of Critical Mineral Blocks and the launch of AI Hackathon 2025, a Mineral Exploration Hackathon focused on Mineral Targeting using AI (Artificial Intelligence). Addressing the gathering, Union minister Reddy said that in the last 10 years, India's mining sector has achieved many milestones and emerged as one of the fastest and most dynamic sectors of the country. Today marks another milestone in the industry, he ..

Trump likely wants minerals refining on Pentagon bases to boost US output

Move is one of several planned for an executive order Trump could sign as soon as Wednesday after he told the US Congress last week he would 'take historic action'

Rajasthan to curb illegal mining, monitor revenue collection daily

With 22 major minerals and 36 minor ones, Rajasthan is the country's only producer of lead, zinc, wollastonite, selenite, calcite, and gypsum

Lagging behind in mineral geopolitics: India needs a rare earth strategy

The pursuit of minerals and fuel resources remains the driving force behind geopolitics even after the end of old-style colonialism

Trump wants Ukraine's rare minerals: What makes them so valuable?

For Ukraine, leveraging its mineral wealth could yield economic gains - but only with strategic agreements. Ukrainian President Volodymyr Zelensky seeks security guarantees in any potential deal