New Delhi, April 30 (IANS) The government said on Thursday that 58 companies have been approved as eligible to participate in the Incentive Scheme for Promotion of Critical Mineral Recycling, designed to strengthen India’s critical mineral security and promote a circular economy.The scheme aims to develop domestic recycling capacity for critical minerals from lithium-ion batteries, e-waste, and industrial scrap—thereby reducing import dependence and supporting clean energy and advanced manuf…
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New Delhi, April 20 (IANS) The US is stepping up its investments in infrastructure projects in Africa to counter China’s influence as the race for critical minerals, such as copper, cobalt, lithium, and rare earth elements, gathers pace in the aftermath of the trade war between the two countries.Chinese engagement in African mining operations has evolved into comprehensive value chain integration spanning exploration, production, transport, and processing stages. Major Chinese companies have e…
Washington, March 14 (IANS) The United States announced up to $500 million in funding to expand domestic processing of critical minerals and strengthen the battery supply chain that supports industries ranging from defense to transportation and energy.The US Department of Energy (DOE) said the funding opportunity aims to expand critical mineral processing, battery manufacturing, and recycling capacity in the country as Washington seeks to reduce reliance on foreign supply chains for key material…
New Delhi, March 4 (IANS) In a move aimed at reducing dependence on China for critical minerals, Japan is in discussions with India to jointly explore rare earth deposits in the desert state of Rajasthan, according to reports.The talks come after India recently identified three hard rock rare earth deposits in Rajasthan and Gujarat, containing an estimated 1.29 million metric tons of rare earth oxides.The discovery was announced last month by Union Mines Minister G. Kishan Reddy, who said the fi…
New Delhi, Jan 17 (IANS) India’s relationship with Africa is entering a new phase as New Delhi strengthens partnerships with African nations to secure rare earth elements that are crucial for modern technology, green energy and defence industries. These partnerships are being shaped as mutually beneficial arrangements, marking a clear shift from older trade models that were often seen as exploitative, as per The Citizen report.Rare earth elements are essential for electric vehicles, renewable …
Gandhinagar, Jan 9 (IANS) Union Coal and Mines Minister G. Kishan Reddy described the mining sector as a “pillar of economic growth” that will play a pivotal role in achieving the goal of a developed India by 2047. The minister was speaking at the National Mineral Chintan Shivir in Gujarat which was inaugurated by Chief Minister Bhupendra Patel.The three-day event, organised by the Union Ministry of Mines, brings together mining ministers from various states, senior officials and industry st…