Related News

In this photo illustration a virtual friend is seen on the screen of an iPhone on April 30, 2020, in Arlington, Virginia. Olivier Douliery | AFP | Getty Images The

OpenDoor is disrupting the real estate market with its new model. It buys homes and sells them on its platform. Opendoor Opendoor stock rocketed 50% higher on Thursday after the

Elon Musk has revealed that SpaceX and Starlink are working on technology that will allow mobile phones to connect directly to Starlink satellites within roughly two years. This innovation aims

John Burford, an 85-year-old physicist and former NASA scientist, has been sentenced to two years in prison for defrauding more than 100 investors out of around $1.2 million, as reported

Keith Rabois of Khosla Ventures attends Day 3 of TechCrunch Disrupt SF 2013 at San Francisco Design Center on September 11, 2013 in San Francisco, California. Steve Jennings | Getty

Oracle Corp Chief Executive Larry Ellison during a launch event at the company’s headquarters in Redwood Shores, California June 10, 2014. Noah Berger | Reuters Oracle‘s massive growth trajectory for

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Rare earth minerals push: India begins critical mineral hunt in Mizoram and Assam, Government targets import cuts

Word Count: 707 | Estimated Reading Time: 4 minutes


Rare earth minerals push: India begins critical mineral hunt in Mizoram and Assam, Government targets import cuts

Exploration of critical minerals has begun in Mizoram and Assam as part of the government’s wider push to strengthen domestic mineral security, Union Coal and Mines Minister G Kishan Reddy has said.The Minister stressed that the Centre will consult with northeastern states before moving ahead with extraction, given the region’s unique legal frameworks. “Arunachal Pradesh has been brought into the auction regime in the coal sector for the first time… In Mizoram and Assam, too, exploration on critical minerals is ongoing… There are different Acts in the northeast, so we will speak with them and then attempt mining after discussion,” Reddy said in an interview to ANI.On the broader policy front, he highlighted the Mines and Minerals (Development and Regulation) Amendment Bill, 2025, passed by Parliament as a turning point. “The Mines and Minerals Bill is a major reform in the Mining Sector, especially in critical minerals and coal. We are bringing in reforms continuously. Six amendments were brought in for further reforms. In the days to come, we are working towards amending the entire MMDR Act… There would be fair sales in the days to come. Critical minerals are required for national security and development – from cellphones to aeroplanes... They are needed in every sector,” he said.Reddy added that India cannot afford continued dependence on imports. “We are dependent on foreign countries as of now, but different countries have created hurdles now. So, we are trying to bring in Aatmanirbharta in this sector,” the Minister noted.According to Geological Survey of India data, 108 exploration projects have been taken up in the Northeast over the past five years, with 23 still active in 2022-23. Nationally, GSI is implementing 1,200 projects for FY 2024-25 to 2030-31 to step up discoveries in critical minerals.The Cabinet has also cleared the National Critical Mineral Mission (NCMM), which will run till 2030-31 with an outlay of Rs 16,300 crore. Investments worth Rs 18,000 crore are expected from PSUs and industry stakeholders, with the mission covering the full chain from mining and beneficiation to recycling.Reddy said the Centre is simultaneously encouraging private firms to explore and mine critical minerals abroad to meet domestic demand.





Source link

Most Popular Articles