India to kick off critical minerals mission to bolster energy transition
7 hours, 49 minutes ago

India to kick off critical minerals mission to bolster energy transition

Deccan Chronicle  

New Delhi: India is set to kick off a national mission for the critical and strategic minerals sector as the country looks to propel its journey towards green energy transition and boost electric vehicle manufacturing capacity. As the world races to secure vital minerals for renewable energy and emerging technologies, India gears up to take centre stage with the launch of its much-touted Critical Mineral Mission in 2025. To achieve its objectives, KABIL incorporated with the equity contribution from three Central Public Sector Enterprises namely, National Aluminium Company Ltd, Hindustan Copper Ltd, and Mineral Exploration and Consultancy Ltd is presently exploring opportunities for the acquisition of overseas critical minerals assets like lithium and cobalt and taking initiatives in projects countries like Australia. Mining conglomerate Vedanta Ltd's Chairman Anil Agarwal said that critical minerals are gaining even more importance due to their role in everything from electronic chips to solar panels. "The global shift toward clean energy has increased the demand for critical minerals and India is following a similar trajectory, with the nation on track to become the third-largest economy in the world.

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History of this topic

India’s Strategic Push For Self-Reliance In Critical Minerals: How Battery Recycling Is The Right Fit
3 weeks, 5 days ago

India’s Strategic Push For Self-Reliance In Critical Minerals: How Battery Recycling Is The Right Fit

ABP News  

By Manikumar Uppala Modern technologies have deemed some minerals such as cobalt, lithium, nickel, and silicon, among a few others, as critical, especially as the world moves towards clean energy. Critical Mineral Mission Is Need Of The Hour Solar PVs, wind turbines and energy storage systems are the clean energy technologies most important for India’s net zero transition. By recovering …

Critical Minerals Key for India's Net-Zero Targets: GSI Dy DG at CII Global Mining Summit
1 month, 4 weeks ago

Critical Minerals Key for India's Net-Zero Targets: GSI Dy DG at CII Global Mining Summit

Live Mint  

Dr. Sudip Bhattacharyya, Deputy Director General Geological Survey of India, emphasizes the importance of critical minerals in achieving India's net-zero target. He highlights India's significant deposits of critical minerals and rare earth elements and stresses the need for recycling and research and development in the sector to ensure sustainable utilization of these resources.

Critical Minerals for India's Clean Energy Transition: A Supply Chain Puzzle
2 months ago

Critical Minerals for India's Clean Energy Transition: A Supply Chain Puzzle

Hindustan Times  

India's clean energy transition will require significant amounts of critical minerals, posing challenges to the country's supply chains. The demand for minerals such as cobalt, copper, lithium, neodymium, nickel and silicon is expected to rise manifold over the coming decades. India is currently fully import-dependent on neodymium and lithium and a net copper importer despite having domestic mineral deposits. To …

Critical Minerals for India's Clean Energy Transition: A Supply Chain Challenge
2 months ago

Critical Minerals for India's Clean Energy Transition: A Supply Chain Challenge

Hindustan Times  

India's clean energy transition faces challenges due to the need for critical minerals. The country is a net importer of several critical minerals, and the demand for these minerals is expected to rise manifold in the coming decades. To ensure a resilient supply of critical minerals, India needs to develop strategies to create resilient mineral supply chains, domestic and global, …

India, US sign MoU on critical minerals cooperation to reduce dependence on China
2 months, 2 weeks ago

India, US sign MoU on critical minerals cooperation to reduce dependence on China

Hindustan Times  

India and the United States on Thursday signed a memorandum of understanding to expand and diversify the critical minerals supply chain, with an aim to reduce dependence on China, during a bilateral commercial dialogue in Washington DC. A US commerce department release said the MoU was aimed at “leveraging” the complementary strength of both countries to ensure greater resilience in …

India, US likely to sign pact on critical minerals, sources say
2 months, 3 weeks ago

India, US likely to sign pact on critical minerals, sources say

Hindustan Times  

By Shivangi Acharya and Neha Arora India, US likely to sign pact on critical minerals, sources say NEW DELHI -India and the United States are likely to sign an initial pact for cooperation on critical minerals this week, two Indian government sources said, as the two countries try to bolster trade ties despite diplomatic hiccups. They are expected to sign …

Government announces Critical Mineral Mission for producing and recycling minerals like lithium, cobalt, nickel
5 months ago

Government announces Critical Mineral Mission for producing and recycling minerals like lithium, cobalt, nickel

Hindustan Times  

The government on Tuesday proposed to launch a mission to give fillip to the domestic output of critical minerals like copper and lithium, their recycling as well as acquisition of such assets abroad. Presenting Union Budget for 2024-25, Finance Minister Nirmala Sitharaman also said the government will launch the auction of the first round of offshore mining blocks. Critical minerals …

Budget 2024: Finance Minister Nirmala Sitharaman announces exemption of custom duties on critical minerals
5 months ago

Budget 2024: Finance Minister Nirmala Sitharaman announces exemption of custom duties on critical minerals

The Hindu  

Finance Minister Nirmala Sitharaman on July 23 announced to fully exempt 25 critical minerals from custom duties, and reduce basic custom duties on two of them. These critical minerals include antimony, beryllium, bismuth, cobalt, copper, gallium, germanium, hafnium, indium, lithium, molybdenum, niobium, nickel, potash, rare earth elements, rhenium, strontium, tantalum, tellurium, tin, tungsten, vanadium, zirconium, selenium, cadmium, and silicon. On …

How is India’s hunt for critical minerals going? | Explained
5 months, 1 week ago

How is India’s hunt for critical minerals going? | Explained

The Hindu  

The story so far: In late June, the Centre declared the winning bidders for mining rights in six blocks of critical minerals, including graphite, phosphorite and lithium, for which India largely relies on imports. Minerals such as copper, lithium, nickel, cobalt are known as critical minerals, as they along with some rare earth elements, are essential for the world’s ongoing …

Critical minerals needed for India’s energy transition
5 months, 3 weeks ago

Critical minerals needed for India’s energy transition

Hindustan Times  

The Paris Agreement, adopted by 196 countries at the 21st Conference of Parties in 2015, provided a significant boost to the clean energy transition process, including solar and wind energy and battery storage, resulting in unprecedented global growth in the demand for critical minerals required as inputs to manufacture the requisite equipment. Another imminent concern is ensuring resilient access to …

India and U.S. work out strategies to scale up collaboration on critical minerals under iCET
6 months ago

India and U.S. work out strategies to scale up collaboration on critical minerals under iCET

The Hindu  

India and the U.S. are looking to “quickly” conclude a bilateral agreement on furthering cooperation on critical minerals between the U.S. Department of Commerce and the Indian Ministry of Commerce and Industry and the Ministry of Mines, and to drive a partnership in supply chains for graphite, gallium, and germanium. One of the aims will be to promote “India’s vital …

India-Australia Alliance: Critical Minerals Research Hub Approved
6 months, 3 weeks ago

India-Australia Alliance: Critical Minerals Research Hub Approved

Deccan Chronicle  

Hyderabad: In a move towards establishing a sustainable global supply chain for critical minerals, the Union education ministry approved a joint initiative between Monash University and IIT Hyderabad on Saturday. The Australia-India Critical Minerals Research Hub aims to enhance research and development in the extraction and processing of critical minerals, focusing on sustainable practices and supply chain analyses, an official …

The race to net zero relies on critical minerals, driving mining sector to seek more cash from federal budget
7 months, 1 week ago

The race to net zero relies on critical minerals, driving mining sector to seek more cash from federal budget

ABC  

In short: Australia has some of the world's best-known critical mineral deposits. Common use infrastructure, tax credits and streamlined approvals processes are at the top of the critical minerals sector's wish list for next week's federal budget. In Perth this week, Prime Minister Anthony Albanese acknowledged the importance of getting the most out of Australia's world-leading critical minerals deposits that, …

Addressing vulnerabilities in the supply chain of critical minerals
1 year, 8 months ago

Addressing vulnerabilities in the supply chain of critical minerals

Hindustan Times  

The theme of India’s G20 presidency in 2023 – Vasudhaiva Kutumbakam – affirms the value of all life – humans, animals, plants, and microorganisms– and their interconnectedness. It found that there is no set list of critical minerals across different geographies, and each country identifies critical minerals based on their level of economic development, nationally available resources, and technology choice. …

India mulling to discuss mechanism with Australia under FTA for smooth supply of critical minerals
1 year, 9 months ago

India mulling to discuss mechanism with Australia under FTA for smooth supply of critical minerals

The Hindu  

India is considering to discuss a mechanism with Australia for a smooth supply of their critical minerals under the comprehensive Free Trade Agreement amid a huge demand in the domestic market, according to sources. There is a huge demand for critical minerals like lithium, titanium, vanadium, cobalt, nickel, and graphite in India as the country is targeting to boost the …

Mine the gap: Reclaiming critical minerals from urban mines
1 year, 10 months ago

Mine the gap: Reclaiming critical minerals from urban mines

Hindustan Times  

During the 27th meeting of the Conference of the Parties held in Sharm el-Sheikh in November 2022, India reiterated its pledge to achieve net-zero emissions by 2070. India currently relies on CRM supplies from other countries in their primary or manufactured forms despite India’s mineral geology often being compared with major mining jurisdictions like Western Australia, South Africa and South …

India to Import Lithium, Other Critical Minerals from Australia Amid Rising Demand for Electric Vehicles
2 years, 5 months ago

India to Import Lithium, Other Critical Minerals from Australia Amid Rising Demand for Electric Vehicles

News 18  

In one of the first ministerial visits to Australia since the Anthony Albanese government came to power, Minister for Coal and Mines Prahlad Joshi held talks with his Australian counterpart Madeleine King. With the increased focus on clean energy technology, including electric vehicles, globally, Australia, the world’s largest exporter of lithium, is expected to fulfil a substantial chunk of this …

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