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 …
Union Mines Minister G. Kishan Reddy on Monday launched a fresh tranche of auctions for mining rights in 21 blocks of critical and strategic minerals, announced winners for six blocks that were part of the first such auction held last November, and promised to kick off the auction process for offshore minerals in his first 100 days in office. The …
A bill that seeks to provide a fixed 50-year production lease for offshore minerals was cleared by the Rajya Sabha on Thursday, even as the Opposition staged a walkout over their demand for a discussion on the Manipur violence. The Offshore Areas Mineral Amendment Bill, 2023 that seeks to amend the Offshore Areas Mineral Act, 2002 was passed by the …