Imerys, French multinational which specialises in production and processing of industrial minerals, announced an additional investment of Rs 350 crore in its new facility in Vizag, Andhra Pradesh. The calcium aluminate plant will also serve as a distribution centre of imported ready-to-use mortars and bentonite solutions to serve the fast-growing infrastructure sector, in particular for applications such as waste water, tunneling […]
India’s mines ministry has proposed a host of amendments to the mineral concession rules (MCRs) for minerals other than atomic and hydro carbon energy under which ownership transfer for all kinds of mining leases obtained either via auction or non-auction routes would be allowed. This is expected to encourage mergers and acquisitions in the sector. […]
Australia’s position as a global critical minerals supplier will be further enhanced through a new dataset developed in partnership with the United States and Canada, as it would open new global supply chain opportunities for the country, a minister said. The Critical Minerals Mapping Initiative online portal, released on Tuesday, contains the world’s largest dataset […]
The index of mineral production of India’s mining and quarrying sector for the month of March, 2021 (Base: 2011-12=100) at 139.0, was 6.1% higher as compared to the level in the month of March, 2020, a government statement said. The cumulative growth for the period April- March, 2020-21 over the corresponding period of previous year has been (-) 7.8 percent, it aded. […]
Supplies of critical minerals essential for key clean energy technologies like electric vehicles and wind turbines need to pick up sharply over the coming decades to meet the world’s climate goals, creating potential energy security hazards that governments must act now to address, according to a report by the International Energy Agency. The special report, The […]
Plant-based diets have been recommended for better planetary health also as it would be more sustainable with lower environmental impacts and improving food and nutritional security of the generations. There is an urgent need to transform current diets for improving health of the population and to achieve equity in benefits at social, economic and environmental […]
Myanmar’s military coup and declaration of a state of emergency has sparked concern in neighbouring China over metal and mineral supplies amid already high tin, copper and rare earth prices. China, the world’s top metals consumer, imports a lot of metals and minerals from Myanmar. Top of Form Tin Myanmar is the world’s third-biggest miner […]
The government plans to provide incentives to mineral block allocatees for early commencement of production from the auctioned mines, a move aimed at increasing mineral output of the country and reducing imports. The mines ministry plans to do the same through amendment of the mining rules and has sought comments and suggestions from stakeholders on […]
Seafloor deposits of cobalt, nickel, lithium and other minerals could become a novel source of minerals for the global markets. According to a paper published by the World Economic Forum (WEF), resource exploitation industries need new frameworks for governance and these frameworks are taking shape for deep-sea minerals. In 2021, in fact, the International Seabed […]
While China is facing structural challenges in the West, ties with the developing world are likely to remain growing. Therefore, the latest push by countries such as Australia to decouple could backfire in the long run as China will remain the most important industrial country in the global supply chain, reports OilPrice.com. IAC Desk
