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17Apr 2025

Guidelines Issued for Critical Mineral Excellence Centres

Why in the News ? The Ministry of Mines has released guidelines to establish Centres of Excellence under the National Critical Mineral Mission, aiming to boost research and technology in critical minerals essential for clean energy, mobility, electronics, defence, and space sectors. Strengthening Critical Mineral Research: The Ministry of Mines has issued fresh guidelines for …

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23May 2024

“INDIA’S CRITICAL MINERALS BENEFITS DELAYED; AUCTIONS BEGIN AMID IMPORT RELIANCE”

Why in the news? India’s critical minerals drive may not yield full commercial benefits before 2031, exposing the country to supply shocks for essential minerals like lithium and cobalt. The government has started auctioning 38 blocks of critical minerals despite current reliance on imports. Source: ResearchGate About Critical Minerals: Elements essential to the functioning of …

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16May 2024

“CIL, NMDC, OVL TO SEEK CRITICAL MINERAL ASSETS OVERSEAS”

Why in the news? The Indian government has directed public sector companies Coal India, NMDC, and ONGC Videsh Ltd. (OVL) to actively scout for critical mineral assets abroad. Coal India is pursuing lithium blocks in Chile, while NMDC is looking at gold and lithium mines in Australia. source:Resarchgate About Critical Minerals: Critical minerals are essential …

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12May 2024

KHANIJ BIDESH INDIA MAY ACQUIRE LITHIUM ASSET IN AUSTRALIA

Why in the news? Khanij Bidesh India Ltd. (KABIL) aims to acquire a lithium block in Australia this year, according to Mines Secretary V. L. Kantha Rao. source-US agency About Possible deal: KABIL, a joint venture of three PSUs, has been actively exploring mineral assets in Australia for the past year. Mr. Rao emphasized the …

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