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New Delhi, Apr 9 (PTI) India's diversification of energy sources and enhancing access to critical minerals are crucial for the country's economy, but this shift has introduced new challenges, Tata Steel CEO and Managing Director T V Narendran said on Thursday. Addressing the AIMA Leadership Conclave, Narendran termed India's energy and critical minerals diversification move as a "layered vulnerability". "The challenge is obvious while we are diversifying our sources of energy and critical mine ...Read More >
NEW DELHI: The conflict in the Middle East is pushing India, which imports 80 percent of its oil and gas, to accelerate its shift to renewables, but the country is also dependent on imports for the minerals and rare earth metals needed to power its green transition. India aims to install 500 gigawatts of green energy capacity including solar, wind and hydropower by 2030, alongside expanding battery storage and electric transport. The country's latest climate goals, announced last month, also ai ...Read More >
Infosys has announced a strategic collaboration with Harness, an AI software delivery platform, to accelerate agentic AI-led software delivery transformation for enterprises globally. In a press release filed with the exchanges on Tuesday, April 7, the company said that the partnership will integrate Infosys' Topaz Fabric and Cobalt cloud capabilities with the Harness Software Delivery Platform. This collaboration is aimed at improving productivity, streamlining software engineering processes, ...Read More >
Mumbai : In a major development, Lloyds Metals and Energy Limited (LMEL) has announced the successful acquisition of the CHEMAF Group ("CHEMAF"), comprising Chemaf Resources Limited, Chemaf SA, and associated entities -- leading copper and cobalt mining and processing companies operating in the Democratic Republic of Congo (DRC). The acquisition was executed on March 27, 2026, through Virtus Lloyds Minerals Holding (VLMH), a joint venture between entity of Lloyds Metals (49%) and Virtus Minerals ...Read More >
NEW DELHI: India does not plan to go ahead with auctioning deep-sea mining rights due to a lack of technological preparedness and expectations of a weak response from potential bidders, two sources familiar with the matter told Reuters. In November of 2024, India had announced the maiden auction of 13 offshore mineral blocks that included three lime mud blocks, three construction sands blocks and seven polymetallic nodules blocks in the first tranche. The blocks contained critical minerals, ...Read More >
NEW DELHI, April 1 (Reuters) - India does not plan to go ahead with auctioning deep-sea mining rights due to a lack of technological preparedness and expectations of a weak response from potential bidders, two sources familiar with the matter told Reuters. In November of 2024, India had announced the maiden auction of 13 offshore mineral blocks that included three lime mud blocks, three construction sands blocks and seven polymetallic nodules blocks in the first tranche. The blocks contained ...Read More >
New Delhi: The government has cancelled the auction of 11 critical and strategic mineral blocks which were put on sale in the sixth round on account of poor investor response and lack of qualified bidders. The development comes as a setback to the government's efforts to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions. In an annulment notice, the mines ministry said that the auction process for 5 mineral blocks was cancelled since no bids wer ...Read More >
The government has cancelled the auction of 11 critical and strategic mineral blocks in the sixth round due to poor investor response and a lack of qualified bidders. Five blocks received no bids, five had fewer than three technically qualified bidders, and the Beku Rare Metal Block in West Bengal was also annulled. The government has cancelled the auction of 11 critical and strategic mineral blocks which were put on sale in the sixth round on account of poor investor response and lack of quali ...Read More >
New Delhi, Mar 31 (PTI) The government has cancelled the auction of 11 critical and strategic mineral blocks which were put on sale in the sixth round on account of poor investor response and lack of qualified bidders. The development comes as a setback to the government's efforts to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions. In an annulment notice, the mines ministry said that the auction process for 5 mineral blocks was cancelled si ...Read More >
NEW DELHI, March 27 (Reuters) - India will hold talks with Argentina, Indonesia and Oman next month as it seeks to boost supplies of steelmaking raw materials such as coking coal and iron ore, and access technology, two sources with direct knowledge told Reuters. The talks are expected to begin next month at a global steel summit, described by the Indian government as the country's largest international conference-cum-exhibition, said the sources who did not wish to be identified as the plan wa ...Read More >
KOLKATA: NavPrakriti, a lithium-ion battery recycling and refurbishment company, has announced a plan to partner with over 150 battery companies and original equipment manufacturers (OEMs) in the next three years. Through this, the company aims to create an extensive network for collecting, recycling, and refurbishing spent batteries, leveraging advanced technology and strategic industry collaborations to ensure safe, efficient, and environmentally responsible battery management across the value ...Read More >
NEW DELHI: According to industry estimates, India could need to recycle over 1.2 million EV batteries annually by 2030. This number is anticipated to exceed 14 million by 2040. The country braces for a significant rise in battery waste, spurred by the rapid adoption of electric vehicles (EVs), stationary energy storage for grid and renewable integration, telecom infrastructure, data centers, and consumer electronics. Kolkata-based NavPrakriti has started the operation of lithium-ion battery recy ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with na ...Read More >
New Delhi [India], August 14 (ANI): BJP MP and Member of the Standing Committee on Coal Mines & Steel, Roopkumari Choudhary, on Thursday said that the Mines and Minerals (Development and Regulation) Amendment Bill, 2025 will bill boosts employment, improves states rights, and add to the economy by allowing more efficient use of India mineral resources. Speaking with ANI, Choudhary emphasised that the bill, passed by Loksabha on Tuesday, aims to strengthen India economic position by granting sta ...Read More >
Hyderabad, Jul 13 (PTI) NLC India Ltd, a public sector enterprise, is planning to invest Rs 1.25 lakh crore by 2030 to expand its capacity from the existing 6.7 gigawatt to 20 gigawatt, Prasanna Kumar Motupalli, Chairman and Managing Director (CMD) of the company has said. He said, out of Rs 1.25 lakh crore planned capex, the company will be spending around Rs 65,000 crores on renewables and other green initiatives, while around Rs 45,000 crores will be earmarked for thermal and around 15,000 c ...Read More >
Bengaluru - VinFast Auto India, the subsidiary of global electric vehicle manufacturer VinFast, has entered into a strategic agreement with BatX Energies, a leading Indian clean-tech company specializing in battery recycling, rare metal recovery and end-of-life battery repurposing. This partnership lays the foundation for an integrated battery value chain in India, supporting the company's commitment to sustainable electric mobility. Under the agreement, BatX Energies will provide comprehensive ...Read More >
Gurugram (Haryana) [India], July 11: VinFast Auto India, the subsidiary of global electric vehicle manufacturer VinFast, has entered into a strategic agreement with BatX Energies, a leading Indian clean-tech company specializing in battery recycling, rare metal recovery and end-of-life battery repurposing. This partnership lays the foundation for an integrated battery value chain in India, supporting the company's commitment to sustainable electric mobility. Also Read | 'Mission Accomplished! F ...Read More >
New Delhi, Jul 11 (PTI) Vietnam's electric vehicle maker VinFast on Friday said it has signed an agreement with BatX Energies for high voltage battery recycling and repurposing in India. BatX Energies is an Indian clean-tech company specialising in battery recycling, rare metal recovery and end-of-life battery repurposing. Under the agreement, BatX Energies will provide comprehensive high-voltage (HV) battery recycling, material recovery and repurposing services for VinFast India's factory, an ...Read More >
New Delhi, Jul 2 (PTI) State-owned iron ore producer NMDC is actively evaluating offshore acquisitions of critical mineral blocks, its CMD Amitava Mukherjee said adding it will strengthen the company's presence in the global value chain. Critical minerals like antimony, lithium, cobalt, copper are essential for clean energy technologies like solar panels, wind turbines, EVs, and energy storage systems. India has launched the National Critical Mineral Mission (NCMM) to ensure their long-term ava ...Read More >
New Delhi, Jul 2 (PTI) State-owned iron ore producer NMDC is actively evaluating offshore acquisitions of critical mineral blocks, its CMD Amitava Mukherjee said adding it will strengthen the company's presence in the global value chain. Critical minerals like antimony, lithium, cobalt, copper are essential for clean energy technologies like solar panels, wind turbines, EVs, and energy storage systems. India has launched the National Critical Mineral Mission (NCMM) to ensure their long-term ava ...Read More >
NEW DELHI: India has dispatched a team of geologists to Zambia to explore copper and cobalt deposits, two Indian government sources said, as New Delhi steps up efforts to secure critical mineral supplies essential to its energy transition. The Zambian government this year agreed to allocate 9,000 square km (3,475 square miles) to India for the exploration of cobalt - a key component in batteries for electric vehicles and mobile phones - as well as for scouting copper, which is widely used in po ...Read More >
New Delhi, Jul 1 (PTI) State-owned CIL on Tuesday said it has signed an MoU with Hindustan Copper to work together in the critical mineral sector. The two companies executed the non-binding Memorandum of Understanding (MoU) on Monday to collaborate across various aspects in the copper and critical minerals sectors, CIL said in a BSE filing. Earlier, CIL and IREL (India) Ltd had signed a non-binding MoU to cooperate and collaborate on the development of critical minerals. The MoU aims to promot ...Read More >
New Delhi: As the global scramble for rare earth minerals intensifies, India is strategically deepening ties with countries across Africa, Latin America, and the Caribbean to secure long-term access to these critical resources. Ahead of Prime Minister Narendra Modi's upcoming visit to Ghana, Trinidad & Tobago, Argentina, Brazil, and Namibia from July 2 to 9, 2025, the Ministry of External Affairs on Thursday underscored India's growing focus on rare earth cooperation - signalling a calculated p ...Read More >
The IEA reports weakened investment momentum in critical minerals in 2024, despite strong demand expectations. Exploration plateaued, and funding for startups slowed. Refined material production concentrated among top suppliers like Indonesia and China, increasing geographic concentration. Surging supply, particularly from these nations, drove down prices for battery metals, with lithium prices plummeting over 80% since 2023.Investment decisions in the global critical mineral sector face signifi ...Read More >
New Delhi, Jun 6 (PTI) The incentive scheme for recycling of critical minerals, such as copper, lithium, nickel, cobalt and rare earth elements, is in the final stages, a mines ministry official said on Friday. The Union budget has allocated Rs 1,500 crore for recycling of critical minerals under the National Critical Mineral Mission (NCMM), Joint Secretary in Mines Ministry Dinesh Mahur said during an event here. He said, "the incentive scheme for recycling is in its final stages." Earlier, t ...Read More >
India's NTPC (previously the National Thermal Power Corporation) has launched its first 160 megawatt hours (MWh) CO₂ battery energy storage project, to be developed by Triveni Turbine and its energy partner Energy Dome. The project will be executed on a turnkey basis at NTPC's Kudgi plant in Karnataka, India. The initiative aligns with NTPC's strategy to diversify its energy portfolio and increase renewable power generation. The adoption of CO₂ battery technology also supports India's "Make i ...Read More >
Bengaluru, India (OTE) - Leveraging Infosys Topaz and Google Cloud technology, the center of excellence will foster co-innovation to deliver transformative AI-powered solutions Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced the launch of a Google Cloud center of excellence, powered by Infosys Topaz, to foster enterprise AI innovation. The center will serve as a catalyst for co-creation and help businesses harn ...Read More >
Bengaluru, India (ots/PRNewswire) - Leveraging Infosys Cobalt and Infosys Topaz, the collaboration will help enterprises boost energy efficiency by up to 30-40% while meeting decarbonization goals Infosys (https://www.infosys.com/) (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced its collaboration with RheinEnergie (https://www.rheinenergie.com/de/) , a leading German energy service provider, to help enterprises dri ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.