KABIL, a joint venture company comprising National Aluminium Company Limited (NALCO), Hindustan Copper Limited (HCL), and Mineral Exploration and Consultancy Limited (MECL), operates under the aegis of the Ministry of Mines of Government of India.
Coal is projected to continue as the backbone of the Indian energy system until the next two decades and its phase-down will require active policies on critical minerals, according to a report by IIM-A.
According to a press release by the Ministry of Coal, this initiative, which aligns seamlessly with the Government's overarching vision of a future-ready and resilient energy landscape, seeks to broaden the scope of coal sector operations by venturing into renewable energy sources and critic
The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its nod for the amendment of the Second Schedule to the Mines and Minerals (Development and Regulation) Act, 1957, to specify the royalty rates for 12 critical and strategic minerals.
Pyatt also said that US national advisors have recently decided to announce the addition of critical minerals and clean energy technology as new pillars to the iCET framework, emphasising the aim to accelerate deployment and foster collaboration between laboratories in innovative domains.
The Union Ministry of Mines announced on Friday that it will directly sanction exploration projects to notified private exploration agencies (NPEAs)
for critical and deep-seated minerals, so as to give impetus to exploration of such crucial minerals.
India in June this year identified 30 critical minerals, taking into account its requirements for sectors like defence, agriculture, energy, pharmaceuticals, and telecom, and in line with its Atmanirbar (self-reliance) roadmap.
India in June this year identified 30 critical minerals taking into account its requirements for sectors like defence, agriculture, energy, pharmaceutical, and telecom and in line with its Atmanirbar (self-reliance) roadmap.
“We have a good scope of collaboration even further in terms of getting more investments into the country, partnerships between companies in India and US companies particularly considering the technology play which is happing all over the world,” he said.
Several Bills including a Bill for “reforms” in the mining sector, especially for increasing exploration and mining of critical minerals which are essential for economic development and national security in the country were passed in the Upper House.
Rajya Sabha on Wednesday passed a Bill for “reforms” in the mining sector, specially for increasing exploration and mining of critical minerals which are essential for economic development and national security in the country