Mining Industry

Rethink auctions, retain safeguards: NITI Aayog on critical minerals

NITI Aayog has urged retaining public consultation and revisiting auction-led exploration by allowing conditional first-come-first-served access for early-stage critical mineral projects

Rajasthan mines dept targeting ₹10,000 crore revenue recovery for FY26

Rajasthan's mines department targets over ₹10,000 crore revenue in FY26, stepping up recovery efforts after record collections and strong mining growth in FY25

Centre notifies strict rules to curb illegal offshore mineral mining

Centre has rolled out new regulatory framework for offshore minerals, mandating real-time vessel tracking, digital transit permits, stricter export clearances to prevent illegal mining and transport

Mines ministry notifies rules to curb illegal offshore mineral mining

The new framework mandates real-time vessel tracking, digital transit permits and prior export clearances, and introduces stringent penalties, including jail terms, to prevent illegal offshore mineral

Supreme Court to form expert panel to examine definition of Aravalli hills

The Supreme Court has invited suggestions to constitute an expert committee under its supervision to re-examine the definition of the Aravalli hills and address environmental concerns linked to mining

Centre announces India's first tailings policy for critical minerals

Tailings refer to the leftover waste material after valuable minerals are extracted from crushed ore, forming a slurry of rock particles, water and processing chemicals

Nalco explores entry into rare earth mining amid critical minerals push

State-owned Nalco is open to venturing into mining of rare earth elements (REEs) with its bid advisor conducting due diligence on domestic auctions for REEs, magnesium and chromite blocks, its CMD Brijendra Pratap Singh Monday said. The move signals National Aluminium Company Ltd's (Nalco) diversification strategy beyond bauxite and alumina, targeting high-value critical minerals essential for electronics, defence, renewables and electric vehicles. REEs are important for magnets in wind turbines, EV motors and missile guidance systems. India, heavily import-dependent with negligible domestic output, views REE self-reliance as key to Atmanirbhar Bharat and reducing China's 80 per cent global dominance amid US-China trade tensions. In an interview to PTI here, the Chairman-cum-Managing Director (CMD) said the bid advisor will assess mine viability, optimal acquisition premiums and participation in upcoming auctions. "The bid advisor will assess if we should participate in domestic .

Budget 2026-27: Miners for removal of export duty on low-grade bauxite

Sector seeks tax concessions and government-backed protection against geopolitical risks abroad

Rio-Glencore merger talks gain momentum with premium and CEO in focus

Rio may ultimately consider paying a takeover premium, some of the people said, while other people suggested that the Glencore side is open to being pragmatic on the subject of management

Rio Tinto, Glencore in talks to create world's biggest mining company

The companies have been discussing a potential combination of some or all of their businesses including an all-share takeover

Govt proposes cutting timeline for companies to operationalise mines

Government proposes cutting the timeline to operationalise newly auctioned mines to two years, drawing concern from the mining industry over approval delays

SC stays its Aravalli Hills ruling, orders new expert committee review

The Supreme Court said confusion over how the Aravalli range was defined warranted a pause, and ordered an independent expert panel to reassess the environmental impact of mining

Vedanta gains 2% on Depo graphite-vanadium block win; up 20% in 14 sessions

Vedanta said it was declared the successful bidder for the Depo Graphite-Vanadium Block under the Critical Mineral Auctions Tranche IV conducted by the Ministry of Mines

US revives graphite mining amid battery boom, China trade tensions

Graphite mines in the United States largely closed down seven decades ago. Mining the ubiquitous mineral found in everything from nuclear reactors to pencils seemed to make little sense when it could be imported inexpensively from other nations, especially China. That view is changing now. Demand for graphite, a key material in the lithium-ion batteries that power everything from phones to electric cars, is surging as trade tensions with China persist. With federal officials concerned about the steady supply of a number of critical minerals, several companies have plans to mine graphite. In New York, Titan Mining Corp has mined a limited amount of ore from a deposit in snowy woods about 40 km from the Canadian border, aiming for commercial sales by 2028. Company officials believe the geopolitical winds are at their backs to sell graphite concentrate for high-tech, industrial and military uses. That could include heat-resistant coatings in factories, anodes in large lithium-ion ...

Centre proposes allowing captive miners to sell surplus mineral output

Draft mineral concession rules propose letting captive mine owners sell surplus output after meeting end-use needs, alongside steps to ease operations and promote deep-seated exploration

Centre asks states to impose complete ban on new mining leases in Aravallis

The Centre has directed states to halt new mining leases in the Aravalli range, citing environmental concerns, days after the Supreme Court defined the hills, leaving low-lying areas unprotected

Parliamentary panel slams states for delaying revised mining scheme norms

Standing committee flags incomplete DMF projects, uneven funds and weak oversight in PMKKKY

Govt likely to remove 50% cap on sales of coal from captive mines

Under the current provisions, captive mine operators are allowed to sell only up to 50 per cent of their annual coal or lignite output after meeting the requirements of their linked end-use plants

China's 5,600 m mining leap: Inside the world's highest unmanned site

China is developing the world's highest unmanned mine in Xinjiang, using driverless trucks to work safely at 5,600m, where low oxygen and rough terrain make human work risky

Govt proposes board approval, CCO nod for opening coal mines in draft rules

Under the proposed framework, companies engaged in coal mining must obtain prior approval from their Board of Directors before opening any mine, seam or section of a seam