Page 6 - Minerals

Chips won the cold war, but rare earth magnets could decide the next

In the first major US-China trade dispute of Trump's second term, Beijing was able to use its control of rare earths to force Washington to a deal last week

India wants to leverage Japan ties for magnets, revisiting rare-earth deal

India is considering a short-term revamp of its rare earth agreement with Japan to secure magnet supply as China disruptions highlight gaps in domestic sourcing

India may ease EV localisation rules amid China rare earth export curbs

Many have yet to qualify for PLI disbursements and now face the risk of losing business to Chinese suppliers, three of the people said

Trying to seek early resolution to China's curbs on rare earth magnets: MEA

MEA says India is in touch with China over rare earth export curbs imposed in April and seeks predictable supply chains aligned with international practices

Rare earth, tariffs and geopolitics: Centre walks tightrope on trade deal

Supply-chain disruptions related to rare earth magnets from China are another cause of geopolitical anxiety for the government at this point

Xi will restart rare earth supply, trade talks set for June 9: Donald Trump

Trump and Xi held a 90-minute call on Thursday that saw the two agree to defuse growing tensions spurred by concerns over the flow of critical minerals needed by American firms

Govt likely to amend laws to let firms explore critical minerals overseas

India will amend the Mines and Minerals Act 2023 to permit use of ₹5,600 crore for overseas critical mineral exploration and introduce a tailings policy to support extraction

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 ...