New round of actions for critical minerals security
4 months, 4 weeks ago

New round of actions for critical minerals security

China Daily  

Visitors look at models of mining equipment during the 25th China Mining Conference and Exhibition at Tianjin Meijiang Convention Center in North China's Tianjin, Oct 26, 2023. Although the global strategic mineral output has grown rapidly, and lithium, cobalt and nickel are in oversupply, the trade volume has dropped significantly in recent years, and the stock prices of strategic mineral companies have fallen sharply, strategic minerals are still widely needed in the long run. At present, China's dependence on foreign strategic mineral resources such as oil and natural gas is high, with oil as high as about 70 percent and natural gas at about 40 percent. With the continued rapid growth of demand for minerals used in clean energy and emerging industries, such as lithium, cobalt and nickel, it is necessary for China to effectively strengthen the exploration and development of its strategic mineral resources. The prospectors and companies should make full use of these policies, and work together with relevant functional departments to strengthen the exploration, development and utilization of strategic mineral resources in the country.

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History of this topic

India, Africa and critical minerals: Towards a green energy partnership
3 days, 9 hours 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
4 days, 14 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 …

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

Mint Quick Edit | India’s push for mineral security augurs well
Trending News
2 months ago

Mint Quick Edit | India’s push for mineral security augurs well

Live Mint  

On Wednesday, India’s cabinet approved a national critical mineral mission. With an outlay of ₹34,300 crore, its aim is to strengthen India’s supply chain for key minerals and achieve self-reliance. The plan, as announced in the budget speech made in July 2024 by finance minister Nirmala Sitharaman, will cover mineral exploration, mining, processing and recycling. In 2023, India joined the …

National Critical Mineral Mission, higher ethanol procurement price get cabinet nod
Trending News
2 months ago

National Critical Mineral Mission, higher ethanol procurement price get cabinet nod

Live Mint  

New Delhi: The Union cabinet on Wednesday approved a national critical mineral mission with an outlay of ₹34,300 crore to boost India's supply chain in the key sector and achieve self-reliance The cabinet also approved an increase in the price of ethanol procured by state-run oil marketing companies for blending with petrol. Of the critical mineral mission outlay, an amount …

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., …

Lithium exploration boosts reserves, elevates ranking
2 months, 3 weeks ago

Lithium exploration boosts reserves, elevates ranking

China Daily  

China's breakthrough in lithium exploration has boosted its global share of lithium reserves from 6 to 16.5 percent, raising its global ranking from sixth to second and enhancing its new energy vehicle capacity, the China Geological Survey announced on Wednesday. Since 2021, China has stepped up efforts in lithium exploration nationwide, identifying more than 30 million metric tons of new …

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 …

China’s export ban on key minerals may have a silver lining for the US
3 months, 4 weeks ago

China’s export ban on key minerals may have a silver lining for the US

Live Mint  

China is the handmaiden to the globe’s energy transition—and will continue to be so once an anti-transition president occupies the White House again next month. US government support for critical minerals development doesn’t necessarily run through specifically green policy frameworks, therefore. Congressional Republicans are likely to back continued support for critical minerals because, even if they share—at least rhetorically—Trump’s antipathy …

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, …

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 …

China has ‘weaponised’ its dominance in critical minerals, say MPs
1 year, 3 months ago

China has ‘weaponised’ its dominance in critical minerals, say MPs

The Telegraph  

China has “weaponised” the supply of critical minerals needed for green energy by restricting access “for political leverage”, a group of MPs has warned. Britain’s net zero drive has been left dangerously exposed to a reliance on Beijing for supplies of crucial materials, Parliament’s Foreign Affairs Committee warned. Alicia Kearns, chair of the Foreign Affairs Committee, said: “For three decades …

Explained | How does the Mines and Mineral Bill 2023 plan to bring the private sector into mineral exploration?
1 year, 7 months ago

Explained | How does the Mines and Mineral Bill 2023 plan to bring the private sector into mineral exploration?

The Hindu  

The story so far: On August 2, Parliament passed the Mines and Minerals Amendment Bill, 2023, in a bid to attract private sector investment in the exploration of critical and deep-seated minerals in the country. Not many significant mineral discoveries have taken place in the country in the last couple of decades and a majority of exploration projects have been …

India hits the accelerator on critical-minerals security
1 year, 8 months ago

India hits the accelerator on critical-minerals security

Live Mint  

In the India-United States joint statement on June 22, the leaders of the two countries affirmed the sustained development of a strong partnership on several fronts. Under a US-led initiative, several developed nations established the Minerals Security Partnership in June 2022 to “accelerate the development of diverse and sustainable critical energy minerals supply chains". As a large consumer of raw …

Addressing vulnerabilities in the supply chain of critical minerals
1 year, 11 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. …

Building resilient mineral supply chains
2 years, 5 months ago

Building resilient mineral supply chains

The Hindu  

In his Independence Day address, Prime Minister Narendra Modi exhorted the country to pursue aatmanirbharta in energy by focusing on clean energy technologies. However, the fragility of clean energy supply chains obscures pathways for countries to reduce dependence on fossil fuels. Therefore, securing access to key minerals such as lithium, cobalt, nickel and rare earth metals is critical for building …

Biden and Newsom want to secure a domestic supply chain for critical minerals
3 years, 1 month ago

Biden and Newsom want to secure a domestic supply chain for critical minerals

LA Times  

Drilling has begun at the Controlled Thermal Resources geothermal energy and lithium plant near the Salton Sea in Calipatria, Calif. President Biden is looking to California to help secure a permanent pipeline of critical materials essential to the tech industry that can boost the nation’s green energy production and its competitiveness. Nearly 100% of the nation’s critical minerals are imported …

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