Topic
critical minerals
Commodities India and Myanmar Signal Closer Rare Earth Mining Ties Amid China Dominance
India and Myanmar are strengthening cooperation in rare earth mining, with Indian delegations visiting and the Indian ambassador highlighting win-win opportunities. Nearly half the world's heavy rare earth supply originates from Myanmar's Kachin state, currently shipped to China for processing. Indian firms including IREL, NTPC Mining, and Himadri Specialty are involved.
Trade India and France Co-Chair Economic and Financial Dialogue, Agree to Deepen Cooperation on Critical Minerals and Financial Ties
India and France co-chaired the Economic & Financial Dialogue, agreeing to deepen cooperation on critical minerals, financial ties, and high-speed railways. The dialogue followed commitments made during French President Macron's visit to India in February 2026 and PM Modi's engagement. Discussions covered coordination in multilateral forums like G20 and Paris Club, and ways to increase cross-investments.
Trade IIM Bangalore Campus, UPI, AI & Critical Minerals: India-Indonesia Enter 'Golden Chapter' Under PM Modi-Prabowo Talks
Prime Minister Narendra Modi and Indonesian President Prabowo Subianto held talks in Jakarta on Tuesday, heralding a 'golden chapter' in bilateral ties. The visit yielded eight agreements covering defence, maritime security, trade, critical minerals, steel, digital payments (UPI integration), AI, and an IIM Bangalore campus in Indonesia.
Trade India deepens critical minerals, rare earths, and chips partnerships globally
India is expanding its critical minerals and rare earth supply chain through bilateral partnerships with 35 countries, including a new investment in Indonesia for steel, nickel, and rare earth magnets. The National Critical Mineral Mission (NCMM), launched in January 2025, underpins a seven-year strategy to secure these resources for clean energy and advanced technologies.
Commodities Centre auctions 56 critical mineral blocks; exploration licence blocks rise to 11
The Ministry of Mines completed the auction of 56 critical and strategic mineral blocks under the Seventh Tranche, with a 63% success rate. First-ever auctions in Gujarat, Uttarakhand, and Telangana included minerals like graphite, REE, and vanadium. Additionally, the second tranche of Exploration Licence auctions expanded to Arunachal Pradesh, Uttar Pradesh, and Odisha, bringing total EL blocks to 11.
Trade The Easy Era of Critical Mineral Trade Is Over as Governments Reshape Supply Chains
A UNCTAD report cited by Splash247 warns that the era of predictable critical mineral trade is over. Governments now treat minerals as strategic assets, China controls over 80% of rare earth refining, and countries like Indonesia ban raw ore exports to force domestic processing. These shifts create new logistics challenges for importers and exporters.
Trade G7 Leaders Agree to Cut China Dependence on Critical Minerals by 2030 with New Platform
G7 leaders agreed to reduce their dependence on China for critical minerals, setting a target to cut reliance on any single non-G7 supplier for rare earths and permanent magnets to below 60% by 2030. They will create harmonised mechanisms and a platform supported by the International Energy Agency, starting with lithium and nickel pilots. China currently controls about 90% of global processed rare earths and permanent magnets.
Commodities India in Talks with Russia-Linked Siberian Deposit to Source Rare Earth Samples: Report
According to a report from the Times of India, India is in discussions with a Russia-linked Siberian deposit to obtain rare earth samples. No further details on the deposit or the nature of the talks were provided in the source article.
Commodities Critical minerals reshaping global trade, UNCTAD warns
A new UNCTAD report says demand for critical minerals like lithium, cobalt, nickel, copper and rare earths is reshaping global trade, industrial policy and supply chains. At Geneva Dry, industry executives discussed copper's long-term demand story, port constraints and the need for versatile geared vessels.
Trade China's Mineral Framework Sparks Importer Concerns
China's new mineral resource framework, effective June 15, 2026, raises concerns among Indian importers due to its potential impact on global supply chains. The policy, approved by Premier Li Qiang, aims to stabilize supply but may increase price volatility.
Trade India, UK Strengthen Ties with New Trade Initiatives
India and the UK have launched new initiatives to enhance cooperation in critical minerals and maritime security. These efforts aim to strengthen bilateral trade and ensure resilient supply chains.
Trade India, US Forge Pact on Critical Minerals, Rare Earths
India and the US have signed a bilateral framework to secure the supply chain of critical minerals and rare earths. This agreement, signed during the Quad Foreign Ministers' meeting, aims to enhance cooperation in mining, processing, and recycling.
Trade Quad Commits $20 Billion to Boost Critical Minerals Supply
The Quad nations have pledged to invest $20 billion to enhance critical minerals supply chains. This initiative aims to bolster mining, processing, and recycling efforts, ensuring economic growth and security.