critical minerals

April 30, 2026 6:47 PM

India clears 58 companies for critical mineral recycling scheme to boost domestic capacity

In a significant move to strengthen supply security of critical minerals, the Ministry of Mines has approved 58 companies as eligible participants under its incentive scheme aimed at promoting recycling of key minerals. The initiative, launched under the National Critical Mineral Mission with a total outlay of ₹1,500 crore, seeks to build domestic recycling capacity for critical minerals extracted from lithium-ion batteries, e-waste, and industrial scrap. The move is expected to reduce India�...

February 3, 2026 9:36 PM

India charts rare earth roadmap with manufacturing push and dedicated corridors

India is stepping up its strategy to secure critical minerals and advanced materials, with the Union Budget 2026–27 announcing the creation of Dedicated Rare Earth Corridors across Odisha, Kerala, Andhra Pradesh and Tamil Nadu. Combined with a ₹7,280 crore Rare Earth Permanent Magnet (REPM) Manufacturing Scheme approved in November 2025, the initiatives mark a decisive move towards self-reliance in materials vital for electric vehicles, renewable energy, electronics, aerospace and defence. ...

January 6, 2026 12:13 PM

Global oil markets show muted reaction to Venezuela political upheaval

Two days after U.S. forces captured Venezuelan President Nicolás Maduro in a surprise operation in Caracas, global energy markets opened to cautious trading, with oil prices showing only modest movement despite the geopolitical shock. Futures briefly firmed in Asian trade on Monday, but analysts said the muted reaction reflected Venezuela’s sharply diminished output, now below one million barrels per day, and a market already weighed down by surplus supply and weak demand. The developments co...

December 5, 2025 8:22 PM

India and Russia aim to boost collaboration in science, technology, and innovation

India and Russia on Friday reaffirmed their commitment to expanding cooperation in space, science, and technology, underlining the strategic significance of their Special and Privileged Strategic Partnership. In a joint statement after the 23rd India–Russia Annual Summit, the two countries highlighted ongoing cooperation between the Indian Space Research Organisation (ISRO) and the Russian State Space Corporation Roscosmos for peaceful use of outer space. The partnership covers human spacefli...

November 7, 2025 10:46 AM

Trump meets Central Asian leaders to boost critical mineral ties

U.S. President Donald Trump on Thursday called critical minerals a key priority as he hosted the leaders of five Central Asian nations at the White House, emphasizing his administration's efforts to expand and secure U.S. supply chains through new global agreements. The meeting with leaders of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan came as Washington seeks to expand its influence in a resource-rich region long dominated by Russia and increasingly courted by China. Trump...

November 6, 2025 12:58 PM

Can Africa ride critical minerals wave to economic boom?

As global powers scramble for critical minerals, African countries are pushing for new investment to process more of their own raw materials and meet their people's demands for economic growth and jobs, analysts say. To capitalise on the burgeoning demand, the continent must address power shortages, skills gaps, trade barriers and limited industrial capacity. "This is an unprecedented opportunity for Africa to get on the value-chain bandwagon," said Hany Besada, senior fellow at the Firoz Lalj...

October 26, 2025 3:06 PM

Trump inks U.S. deals on trade, critical minerals with Southeast Asian partners

U.S. President Donald Trump signed a flurry of deals on trade and critical minerals with three Southeast Asian partners on Sunday, as Washington looked to address trade imbalances and diversify supply chains amid tighter export curbs on rare earths by China. Trump, who is in Kuala Lumpur to attend a summit of the Association of Southeast Asian Nations, signed reciprocal trade agreements with his Thai, Malaysian and Cambodian counterparts that will see the countries work to address tariff and no...

September 3, 2025 8:10 PM

Cabinet clears ₹1,500 crore scheme to boost critical mineral recycling capacity

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a ₹1,500 crore incentive scheme to develop recycling capacity for the recovery and production of critical minerals from secondary sources. The initiative is part of the National Critical Mineral Mission (NCMM), aimed at building domestic capacity and ensuring supply chain resilience in critical minerals. According to the Ministry of Mines, the scheme will be implemented for six years from FY 2025–26 to FY 203...

August 29, 2025 10:59 PM

India-Japan cooperation expands to semiconductors, clean energy and ICT

India and Japan have taken major strides in strengthening their Special Strategic and Global Partnership with a renewed emphasis on economic security, covering critical sectors from semiconductors and clean energy to critical minerals, information technology and pharmaceuticals. During Prime Minister Narendra Modi’s ongoing visit to Tokyo, both countries reiterated that their partnership, rooted in shared values and mutual respect, is central to advancing regional and global prosperity. The t...

August 19, 2025 6:39 PM

Parliament passes Mines and Minerals Amendment Bill 2025 to boost critical mineral production

The Rajya Sabha on Tuesday passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2025, aimed at promoting sustainable mining, zero-waste practices, and advancing the objectives of the National Critical Mineral Mission. The bill follows its earlier passage in the Lok Sabha last week amid opposition demands for debate on Special Intensive Revision (SIR) in Bihar. Union Minister for Coal and Mines, G. Kishan Reddy, said the Modi government is committed to transparency in the m...