Want mineral-intensive growth for new-age economy? Ease mining
2 years, 3 months ago

Want mineral-intensive growth for new-age economy? Ease mining

Live Mint  

2022 has been remarkable for India. As India’s EV sales are set to rapidly for the rest of this decade, demand for lithium, cobalt, nickel and graphite will be enormous, along with that for iron ore in the form of steel, bauxite as a source of aluminium and copper, which are metals used across all types of vehicles. However, India’s mining industry still faces regulatory hurdles that restrain growth of mineral production below what’s required to meet rapidly growing demand. But India’s expenditure on exploration, particularly for deep-seated minerals like copper, zinc, lead, gold, silver, etc, has been abysmally low. Lack of exploration and a weak focus on mining has seen India’s import bill for minerals and metals touch $157 billion in 2021-22, about a fourth of our total imports.

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History of this topic

India, Africa and critical minerals: Towards a green energy partnership
1 hour, 26 minutes ago

India, Africa and critical minerals: Towards a green energy partnership

Hindustan Times  

Based on new evidence, this paper offers policy recommendations for an Indian critical minerals strategy in Africa. In a geopolitically charged and rapidly evolving critical minerals landscape, it identifies African priorities, highlights Indian interests, and finds synergies, presented as nine policy pathways. Housing over 30% of the world’s known critical mineral reserves, mining accounts for about 10% of government revenue …

Critical mineral supply chains: Challenges for India
Trending News
1 day, 6 hours ago

Critical mineral supply chains: Challenges for India

Hindustan Times  

The global push towards a net-zero future by 2050 hinges on a successful transition to clean energy technologies. · Comparative analysis: The research compares global trends in critical mineral supply chains with the specific context and challenges faced by India. Global mineral supply chain dynamics: · Growing demand and market concentration: The demand for critical minerals has surged in recent …

Why India wants critical minerals in its trade deal with US
1 week ago

Why India wants critical minerals in its trade deal with US

Live Mint  

Indian trade officials are pushing their American counterparts to stitch their recent critical minerals deal into an upcoming trade agreement, two people aware of the discussions said, a tweak that may unlock US tax benefits for electric vehicles and batteries using these scarce resources. “Besides this, the focus should be on providing subsidies for the critical minerals processing sector, boosting …

US tariffs: India mulls steps to save steel firms
2 weeks ago

US tariffs: India mulls steps to save steel firms

Deccan Chronicle  

The government is evaluating a range of initiatives to strengthen the steel industry in response to US tariffs, which imposed a 25 per cent duty on steel and aluminium imports effective March 12. The measures under consideration include the adoption of innovative technologies, enhanced production-linked incentives for steel producers, cuts in import and export duties, and efforts to diversify product …

India’s steel industry contemplates potential fallout from Trump administration tariffs
3 weeks, 6 days ago

India’s steel industry contemplates potential fallout from Trump administration tariffs

Live Mint  

BENGALURU, India — Rows of small factories line the streets of a dusty suburb in Bengaluru, where workers weld and cast Indian-made steel into everything from car parts to kitchen sinks. In February Naveen Jindal, the president of the Indian Steel Association, which represents all India’s steelmakers, said that he was “deeply concerned,” especially since “India is one of the …

India’s top steelmakers take diverging paths on iron ore sourcing
1 month ago

India’s top steelmakers take diverging paths on iron ore sourcing

Live Mint  

India's two largest steelmakers are moving on divergent paths in the sourcing of iron ore for their steel plants. JSW Steel, which has historically had more reliance on the open market to meet its iron ore demand, is aggressively bidding to acquire more captive mines, or mines under its leasehold. Tata Steel's captive sources Tata Steel is evaluating how much …

Mining engineers’ conference concludes; Stresses on key industry concerns
1 month, 1 week ago

Mining engineers’ conference concludes; Stresses on key industry concerns

Deccan Chronicle  

Hyderabad: The Mining Engineers’ Association of India, Hyderabad Chapter concluded the two-day national conference on ‘Mining the Minerals: Way Forward Towards Atmanirbhar Viksit Bharat 2047’ in Hyderabad on Tuesday. Over the past one and a half days, we have engaged in deep discussions, shared transformative ideas, and collectively envisioned the future of India’s mining sector for Viksit Bharat 2047.” “As …

E-waste provides $6 billion opportunity for metal extraction
1 month, 2 weeks ago

E-waste provides $6 billion opportunity for metal extraction

Deccan Chronicle  

India holds a $6 billion potential of extracting secondary copper, iron, aluminium and gold from e-waste. However, just $1.1 billion is being recovered currently.India generated 3.8 million metric tons of e-waste in 2024 and it is expected to rise almost twice in the coming years due to the growing number of appliances, and shorter replacement cycles.Secondary metal extraction holds a …

What is at stake for India amid Trump's tariff war on steel and aluminium, in six charts
1 month, 2 weeks ago

What is at stake for India amid Trump's tariff war on steel and aluminium, in six charts

Live Mint  

US President Donald Trump’s decision to impose a flat 25% tariff on all steel and aluminium imports has raised fears of a global backlash and trade war. India produced 4,200 tonnes of aluminium in 2024, accounting for 6% of the world’s aluminium smelter production, according to data from the United States Geological Survey. On the steel front, while India’s rank …

Think win-win: India should try some mineral diplomacy in its relations with the US
1 month, 2 weeks ago

Think win-win: India should try some mineral diplomacy in its relations with the US

Live Mint  

Donald Trump seems determined to leave the world breathless with his flurry of trade tariffs. While the Centre claims a dip in India’s average tariff rate, its budget expects customs to mop up around ₹1.6 trillion in duties next fiscal year, more than in 2024-25. India’s engagement of the White House, however, must also account for the US-China trade war …

How Critical Mineral Mission is India’s bet to counter China’s lead in energy race
1 month, 4 weeks ago

How Critical Mineral Mission is India’s bet to counter China’s lead in energy race

Firstpost  

Critical minerals form the backbone of modern and emerging technologies, playing a crucial role in clean energy, semiconductor manufacturing, and the defence and aerospace sectors China has come to have a near-monopoly on the supply of critical minerals in the world. On January 29, 2025, the Indian government approved the National Critical Mineral Mission aimed at achieving self-reliance and accelerating …

Economic Survey 2024-25: Chief Economic Adviser flags India's dependence on imports of critical minerals
2 months ago

Economic Survey 2024-25: Chief Economic Adviser flags India's dependence on imports of critical minerals

Firstpost  

In an apparent reference to China, Chief Economic Adviser V Anantha Nageswaran has flagged India’s dependence on imports from a single source for critical materials and minerals for renewable energy generation and e-mobility China has come to have a near-monopoly on the supply of critical minerals in the world. Chief Economic Adviser V Anantha Nageswaran has flagged India’s dependence on …

China’s moves must recast India’s critical minerals push
2 months, 1 week ago

China’s moves must recast India’s critical minerals push

The Hindu  

On January 2, 2025, China’s Ministry of Commerce expanded its export control list by including 28 entities from the United States, effectively restricting their access to a swath of items classified under dual-use export controls. India’s push for critical minerals development has faced stubborn challenges. And before that, the Union government set up a designated body, Khanij Bidesh India Ltd., …

India’s reliance on China for critical minerals | Explained
3 months, 1 week ago

India’s reliance on China for critical minerals | Explained

The Hindu  

The story so far: The Ministry of Mines in 2023 identified 30 critical minerals deemed essential for the nation’s economic development and national security. While the report highlighted India’s complete import dependency for 10 critical minerals, it did not fully address a more pressing concern — the extent and nature of dependency on China. China’s unparalleled dominance in critical minerals …

Closure of Sterlite Copper plant harming Indian economy and posing challenges for future
3 months, 1 week ago

Closure of Sterlite Copper plant harming Indian economy and posing challenges for future

Op India  

On 20 December, protests erupted at Thoothukudi in Tamil Nadu, demanding the reopening of the Vedanta’s Sterlite Copper Plant which was closed on the Tamil Nadu government’s order, which was supported by courts. The closure of the Sterlite Copper plant had such widespread ramifications on the country’s copper trade that from being one of the top five exporters of copper …

India can reduce $2 billion import of coking coal per annum: Niti Aayog
4 months ago

India can reduce $2 billion import of coking coal per annum: Niti Aayog

Deccan Chronicle  

Chennai: Integrated Steel Plants imported 58 million tonnes of coking coal at a cost of approximately Rs. 1.5 lakh crore in FY24 despite holding proven geological resources of 21.63 billion tonnes of prime and medium coking coal, finds Niti Aayog. As of April 2023, India’s proved geological resources of prime coking coal were estimated to be 5.13 billion tonnes and …

Critical Minerals Key for India's Net-Zero Targets: GSI Dy DG at CII Global Mining Summit
5 months 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
5 months, 1 week 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
5 months, 1 week 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’s coal imports rise to 90.5 MT amid surge in power demand
6 months ago

India’s coal imports rise to 90.5 MT amid surge in power demand

Live Mint  

New Delhi: India's coal imports during the April-July period of the current fiscal increased 0.9% to reach 90.51 million tonnes compared with 89.68mt in same period last fiscal, the coal ministry said on Wednesday. "This decline underscores India’s steadfast commitment to achieving self-sufficiency in coal production and reducing reliance on imports," it said, adding that coal imports by the non-regulated …

India's coal imports rise to 90.5 MT amid surge in power demand
6 months ago

India's coal imports rise to 90.5 MT amid surge in power demand

Live Mint  

New Delhi: India's coal imports during the April-July period of the current fiscal increased 0.9% to reach 90.51 million tonnes compared with 89.68mt in same period last fiscal, the coal ministry said on Wednesday. "This decline underscores India’s steadfast commitment to achieving self-sufficiency in coal production and reducing reliance on imports," it said, adding that coal imports by the non-regulated …

India's silver imports to double on demand for solar, investment
7 months, 1 week ago

India's silver imports to double on demand for solar, investment

Hindustan Times  

By Rajendra Jadhav and Sherin Elizabeth Varghese India's silver imports to double on demand for solar, investment BENGALURU, - India's silver imports are on course to nearly double this year due to rising demand from solar panel and electronics makers, and as investors bet the metal will give better returns than gold, leading importers said on Friday. This year's purchases …

Critical minerals push to benefit battery-makers, electronics firms
8 months ago

Critical minerals push to benefit battery-makers, electronics firms

Live Mint  

India's battery-makers, recyclers and electronics companies stand to gain from the proposed critical minerals mission and duty-free imports of cobalt, copper, lithium and nickel, industry executives said. The budget proposal for the critical minerals mission is expected to encourage local manufacture of battery cells and increase domestic value addition, especially since an ₹18,100 crore production-linked incentive scheme for advanced chemistry …

India needs to reduce dependence on China on THESE issues: Economic Survey
8 months, 1 week ago

India needs to reduce dependence on China on THESE issues: Economic Survey

India TV News  

New Delhi: India needs to recognise and address challenges posed by its dependence on China for critical minerals and examine the implications of phasing down coal on bank balance sheets as it accelerates its green transition, the government's Economic Survey 2023-24 tabled in Parliament on Monday said. As part of its national plan to contribute to meeting the global goal …

How is India’s hunt for critical minerals going? | Explained
8 months, 2 weeks 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 …

India should tap potential in natural resources industry: Anil Agarwal
8 months, 2 weeks ago

India should tap potential in natural resources industry: Anil Agarwal

New Indian Express  

NEW DELHI: Vedanta Chairman Anil Agarwal urged India to tap its vast potential in natural resources, as the natural resources industry fueled growth in many developed economies. While addressing shareholders during the 59th Annual General Meeting, Agarwal highlighted that India has explored only 30% of its geological potential so far. “The natural resources industry has provided the very foundation for …

India should maximise its potential in this area natural resources industry: Vedanta Chairman
8 months, 3 weeks ago

India should maximise its potential in this area natural resources industry: Vedanta Chairman

New Indian Express  

NEW DELHI: Vedanta Chairman Anil Agarwal urged India to tap its vast potential in natural resources, as the natural resources industry fueled growth in many developed economies. While addressing shareholders during the 59th Annual General Meeting, Agarwal highlighted that India has explored only 30% of its geological potential so far. “The natural resources industry has provided the very foundation for …

Critical minerals needed for India’s energy transition
8 months, 4 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 lucrative for steelmakers because of higher infra spending, economic growth
9 months, 1 week ago

India lucrative for steelmakers because of higher infra spending, economic growth

Hindustan Times  

Despite a slowdown in exports and increasing Chinese steel output impacting India's share in the markets, steel makers in the country are optimistic about the domestic demand. The case with steel exports Indian exports have been affected by a variety of reasons in the recent past including low production due to scheduled maintenance shutdowns, preference for the domestic market over …

India's coal dependence for power to be highest in nine years as heatwaves intensify
9 months, 1 week ago

India's coal dependence for power to be highest in nine years as heatwaves intensify

Hindustan Times  

India will use more coal for generating electricity this year than it has in almost a decade, to cope with surging electricity demand, Bloomberg reported. Representational The country expects to add 15.4 gigawatts in the financial year 2024-25, the most in nine years, people familiar with the matter told Bloomberg. Coal still generates about three-quarters of India’s electricity, and the …

Gold rush in India despite price hike
10 months, 3 weeks ago

Gold rush in India despite price hike

Deccan Chronicle  

Hyderabad: Notwithstanding skyrocketing prices of gold, consumers in India continue to invest in the precious metal, with overall demand rising 8% taking it to 136.6 tonne in the first quarter of 2024, against 126.3 tonne in the corresponding quarter of 2023, according to the World Gold Council. In India, the total jewellery demand went up a modest 4% to 95.5 …

India’s coal imports to fall for first time since pandemic amid high stockpiles
1 year, 1 month ago

India’s coal imports to fall for first time since pandemic amid high stockpiles

Live Mint  

India's thermal coal imports are expected to fall for the first time this year since the COVID-19 pandemic due to increasing domestic output and record-high inventories, industry officials said on Tuesday. Pawan Kumar, head of coal sourcing at power producer SEIL Energy India, said he expects thermal coal imports to fall over 3% to 170 million tons, while Rodrigo Echeverri, …

A new iron ore mine 'every year to the end of this decade', but who will be the buyers?
1 year, 4 months ago

A new iron ore mine 'every year to the end of this decade', but who will be the buyers?

ABC  

Australia's iron ore sector built its foundations on demand from Japan during the 1960's. "China is nearing a structural peak in terms of its demand, it will still remain a very large market for us, but other markets, Asia and India, as examples, will continue to grow quite rapidly and that will offset any slowdown in demand," said Rio Tinto …

India coal production rises 8.55% to record 223.36 million tonne in Q1FY24
1 year, 8 months ago

India coal production rises 8.55% to record 223.36 million tonne in Q1FY24

Live Mint  

New Delhi: India’s coal production grew 8.55% year-on-year to 223.36 million tonne during the June ended quarter of fiscal 2023-24, the ministry of coal said in a statement on Friday. “India’s coal sector achieved a remarkable milestone in the first quarter of FY 2023-24, by recording highest ever coal production at 223.36 million tonne, representing a substantial growth of 8.55% …

India sets sights on home-mined minerals to boost its clean energy plans
1 year, 8 months ago

India sets sights on home-mined minerals to boost its clean energy plans

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Lawmakers — including at Wednesday's …

India's Middle-Class a Gold Mine' for Multinational Subsidiaries
1 year, 8 months ago

India's Middle-Class a Gold Mine' for Multinational Subsidiaries

Deccan Chronicle  

The article “Does Your Company Have an India Strategy?” in the Harvard Business Review threw the spotlight on Indian subsidiary firms being valued higher than their parent companies. The key drivers cited for the higher revenues and profits of the Indian subsidiaries were their ability to tap into India’s rapidly expanding population, robust economic growth and increasing middle-class purchasing power. …

‘There is no alternative’: India aims for 90% renewable energy by 2047
1 year, 11 months ago

‘There is no alternative’: India aims for 90% renewable energy by 2047

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy India’s top energy official has warned that the country needs to “succeed” in local manufacturing …

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

Mining companies can catalyse energy transition
2 years ago

Mining companies can catalyse energy transition

Hindustan Times  

Mining and metals are a non-negotiable element in the energy transition. This is a now a consensus view among experts, policy makers and business leaders on the topic at the recently concluded World Economic Forum conference at Davos, who are adding their voice to the recent comprehensive reports issued by respected agencies such as the World Bank, the International Energy …

Analysis | India cheers the return of 'King Coal' as industry sees buoyant future
2 years ago

Analysis | India cheers the return of 'King Coal' as industry sees buoyant future

The Hindu  

India's coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand, rising supply from new mines and strong demand for imports. Increased output The reality is that India has successfully increased domestic coal output, with official government figures released last week showing production in the first 10 months of …

Explained | Why India’s lithium discovery is fraught with social and environmental risks
2 years, 1 month ago

Explained | Why India’s lithium discovery is fraught with social and environmental risks

The Hindu  

The story so far: News of the discovery of “5.9 million tonnes inferred resources of lithium” in the Salal-Haimana area of Reasi district, Jammu & Kashmir, by the Geological Survey of India has been received as a game-changer in India’s impending transition to a green economy. As India currently imports all of its Li from Australia and Argentina and 70% …

Geological Survey of India finds potential lithium deposits of 5.9 million tonnes in Jammu and Kashmir, first time in India
2 years, 1 month ago

Geological Survey of India finds potential lithium deposits of 5.9 million tonnes in Jammu and Kashmir, first time in India

Op India  

The Union Government on Thursday said that 5.9 million tonnes of lithium reserves have been found for the first time in the country in Jammu and Kashmir. “Geological Survey of India for the first time established Lithium inferred resources of 5.9 million tonnes in the Salal-Haimana area of the Reasi district of Jammu and Kashmir,” the Ministry of Mines said …

India finds big lithium reserve in J&K
2 years, 1 month ago

India finds big lithium reserve in J&K

Live Mint  

In a major boost to India's self-sufficiency in electric vehicle batteries, the Geological Survey of India has discovered lithium for the first time in Reasi district of Jammu & Kashmir. Since lithium is a key component of batteries used in electric vehicles, the government is searching for rare metal reserves both within and outside the country. Apart from GSI, a …

India expects utilities' annual coal demand to surge about 8% after renewables shortfall
2 years, 2 months ago

India expects utilities' annual coal demand to surge about 8% after renewables shortfall

The Hindu  

India expects its power plants to burn about 8% more coal in the fiscal year ending March 2024, according to a senior government official and a Power Ministry presentation, after the country missed its 2022 renewable-energy goal by more than 30%. India expects utilities' coal demand to reach 821 million tonnes in 2023-24, according to the presentation. India is expected …

China's iron ore traders seek low-cost Indian supplies as steel margins slump
2 years, 4 months ago

China's iron ore traders seek low-cost Indian supplies as steel margins slump

The Hindu  

China is set to snap up significant volumes of low-grade Indian iron ore in coming weeks, as Chinese steelmakers seek out cheaper raw materials to cope with meagre profits, said traders and analysts. "We are looking to resume buying from India after six months of suspension," said a Shanghai-based iron ore trader who booked some cargoes of Indian pellets for …

India’s coal mines are severely under-utilised amid push for new ones: Report
2 years, 5 months ago

India’s coal mines are severely under-utilised amid push for new ones: Report

The Hindu  

On average, India’s coal mines use only two-thirds of the capacity with some large ones using only 1%, says an analysis by Global Energy Monitor, a firm that tracks utilisation of the fuel-source internationally. This suggests that 99 of India’s coal mine projects, expected to yield 427 MTPA, under development are unnecessary and opening new coal mines wouldn’t contribute to …

India to account for 25% of global energy demand growth over next 2 decades
2 years, 5 months ago

India to account for 25% of global energy demand growth over next 2 decades

Live Mint  

NEW DELHI: India will likely account for 25% of global energy demand growth over the next two decades, said Union minister of Petroleum and Natural Gas, Hardeep S Puri on Wednesday. Addressing a round-table on ‘Opportunities in the India-US Strategic Partnership’ in Texas, US, the minister said that India’s energy strategy is mindful of commitments to global commons, to green …

How to decarbonize the steel industry
2 years, 7 months ago

How to decarbonize the steel industry

Live Mint  

I am proud of steel’s contribution to the expansion of India’s economy. India is the world’s second largest producer of steel, with its annual output of 106 million tonnes now exceeding the pre-pandemic high of 100 million tonnes. The National Steel Policy says capacity of 300 million tonnes per annum will be required by 2030 to satisfy the demands of …

How Indian minerals and metals fare in trade and FDI
2 years, 8 months ago

How Indian minerals and metals fare in trade and FDI

Hindustan Times  

India has a rich inventory of mineral resources and knowhow of metallurgy, producing 95 minerals, including 10 metallic and 23 non-metallic. India is self-sufficient in many minerals such as bauxite, iron ore, and zinc ore but deficient in some major minerals, such as magnesite, manganese ore, copper ore, lead ore, and rock phosphate, imported to meet domestic demand. In the …

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