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New Delhi [India], July 4 (ANI): Australian High Commissioner to India, Philip Green, on Friday emphasised the urgency of establishing a smoother supply chain for Australian critical minerals, particularly lithium, to India, as part of broader efforts to enhance the country's green energy sector. Speaking to ANI, Green highlighted Australia's role as a major producer of critical minerals and its strategic importance as a Quad member, noting that one of the aspects of the alliance is to ensure " ...Read More >
New Delhi: Prime Minister Narendra Modi embarked on a five-nation tour on Wednesday that will take him to Ghana, Trinidad and Tobago, Argentina, Brazil, and Namibia. Coming at a time of growing geopolitical flux and strategic competition for critical resources, the visit underscores New Delhi's twin goals - deepening South-South cooperation and securing access to rare earth minerals crucial for India's green and technological future. Modi will be in Ghana on July 2-3, Trinidad and Tobago on Ju ...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: A 57-year-old retired telecom employee from Kishan Ganj, north Delhi, lost Rs 14 lakh in a "digital arrest" scam after cyber fraudsters, posing as Mumbai Police, threatened him with arrest over alleged bank fraud. Two suspects, Banshi Lal and Prem Kumar, both 20-year-old graduates from Barmer, Rajasthan, have been arrested.According to police, the case came to light when the victim filed a complaint via the National Cybercrime Reporting Portal (NCRP), stating he received a video call ...Read More >
New Delhi: Prime Minister Narendra Modi is packing for what could be the longest diplomatic journey of his decade-long premiership. Five countries. Eight days. Thousands of kilometres. A tour that promises more than handshakes and speeches, this is about placing India at the heart of the Global South's rising story. From the mineral-rich heartlands of Africa to the energy corridors of Latin America, Modi's route is carefully chosen. His first five-nation circuit in 2016 had the charm of high-le ...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 >
Why PM Modi's 9-day, 5-nation trip -- one of his longest visits overseas -- beginning tomorrow matters GHANA, July 2-3 This will be Narendra Modi's first bilateral visit to Ghana, and the first Indian Prime Ministerial visit to the country in three decades. John Mahama, who was elected President in January, visited India in 2015 for the India-Africa Forum Summit. Ghana is one of West Africa's fastest-growing economies; its relationship with India is marked by robust and expanding trade and in ...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 >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the ...Read More >
KATRA, June 6 : Referring to the recently discovered large stores of Lithium reserves in the same vicinity and district Reasi where PM Narendra Modi today inaugurated the world's highest railway bridge, the Chenab Bridge, Union Minister of State in PMO Dr Jitendra Singh said that these huge lithium reserves will be the key to India achieving the target of "Net Zero by 2070" carbon emissions by 2070. He said this while addressing a public gathering in Katra to welcome Prime Minister Narendra Mod ...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 >
Investing.com -- Bank of America (BofA) analysts forecast a volatile metals and minerals market heading into 2025, influenced by potential trade policies, supply constraints, and demand shifts. In turn it has projected prices for aluminium and copper to decline by 6% and 12%, respectively, with 2025 forecasts set at $2,813 per tonne and $9,438 per tonne. A possible trade dispute with China could exacerbate market pressures, but structural demand from energy transition investments may provide su ...Read More >
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