Coal India looking to acquire critical minerals in India and abroad
Aug 22, 2024, at 04:20 am
Kolkata: Coal India Limited (CIL) has intensified efforts to acquire critical minerals, including lithium, both in the domestic market and abroad, and will continue participating in the auction of such mineral blocks, according to the chairman of the world's largest coal producer on August 21, media reports said.
Govt to boost India's critical minerals self-reliance with financial incentives
Aug 15, 2024, at 05:24 am
New Delhi: The government announced on Wednesday its plans to introduce financial incentives for the development of critical minerals, including lithium, as part of its National Critical Minerals Mission.
India's green energy goals face challenges over reliance on imported critical minerals: ICRA Report
May 23, 2024, at 05:41 am
New Delhi: Concentration of critical minerals in certain geographic regions like China render global supply chains vulnerable to disruptions leading to increased price volatility. This poses significant challenges to India’s energy security due to its total reliance on imports of critical minerals like lithium, cobalt, and nickel, which are essential for the green technology transition needed to meet its net-zero commitments by 2070, rating agency ICRA noted in a report.
India to launch first-ever tranche of critical and strategic minerals auction on Wednesday
Nov 29, 2023, at 07:09 am
New Delhi: India's Ministry of Mines will launch the first tranche auction of critical and strategic minerals on Wednesday, an official press release said.
Ministry of Mines to auction 20 blocks of critical minerals in next two weeks
Nov 15, 2023, at 03:53 am
New Delhi: Mines Secretary V.L. Kantha Rao on Tuesday said that the Ministry of Mines is in the process of auctioning 20 blocks of critical minerals including lithium and graphite in the next two weeks.
Cabinet approves royalty rates for mining of Lithium, Niobium and Rare Earth Elements
Oct 12, 2023, at 05:35 am
New Delhi: The Union Cabinet chaired by Prime Minister Narendra Modi approved the amendment to the Second Schedule of the Mines and Minerals (Development and Regulation) Act, 1957, also known as the MMDR Act, for specifying the rate of royalty in respect of three critical and strategic minerals, namely, Lithium, Niobium and Rare Earth Elements (REEs), the Ministry of Mines said.
Govt to unveil 'List of Critical Minerals for India”
Jun 28, 2023, at 02:40 am
New Delhi: India will unveil its first-ever critical minerals mines list on Wednesday, the Ministry of Mines said.
India not reliant on China for rare earth minerals: Jitendra Singh
Dec 15, 2022, at 06:17 pm
New Delhi/IBNS: Union Minister Jitendra Singh Wednesday said that India is not reliant on China for accessing rare earth minerals.
Nov 17, 2022, at 10:57 pm
Kolkata/IBNS: Exploration and mining of critical minerals are at the core of India’s journey to net-zero by 2070 with 50 percent of its energy requirements from renewable energy, as the manufacture of green technologies for climate change mitigation requires minerals and metals, whose production is dominated by China, according to experts.
Nov 17, 2022, at 09:08 pm
Kolkata/IBNS: Australia is India’s natural partner to reach its economic as well as clean energy goals as a supplier of critical minerals, said Catherine Gallagher, Australia’s Minister Commercial - South Asia.
Australia keen to supply critical minerals to India
Aug 12, 2021, at 01:04 am
Canberra/New Delhi/UNI: Australia has the potential to become a major supplier of critical minerals to India like titanium, vanadium and lithium, and supporting jobs, supply chains and innovation in both countries, according to a new report published by the Australian government.