New Delhi, May 25 (IANS) Union Minister for Coal and Mines G. Kishan Reddy on Monday directed all mining and exploration agencies under the Ministry to fast-track pending projects and adopt a mission-mode approach to strengthen India’s mineral security and strategic growth objectives. “All organisations must fast-track pending projects and ensure that technology, transparency, and efficiency become the foundation of every institutional process. The people of India and the Government of India…
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New Delhi, May 12 (IANS) Union Commerce and Industry Minister Piyush Goyal said on Tuesday that the free trade agreement (FTA) between India and Oman signed in December 2025 is expected to come into force from June 1, 2026.”I have had a good meeting with the Oman team today and most probably the Oman free trade agreement will come into effect from June 1, 2026,” the minister said according to multiple reports.A delegation from Oman is in India to discuss ways to boost trade and investments. The …
New Delhi, May 5 (IANS) African nations which possess over 30 per cent of global reserves of critical minerals such as copper, lithium, nickel and graphite are increasingly looking for partnerships with other countries that are not merely focused on extraction but also allow for technology transfer, local value addition, workforce development and environmental accountability, according to an article in One World Outlook.“In this shifting landscape, India’s emerging approach offers a notable …
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…
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…