Topic
minerals
PM Modi Says India Securing Critical Minerals, Deepening Global Supply Partnerships
PM Modi announced India's push to secure critical minerals through domestic exploration, international partnerships, and four new processing parks in Gujarat, Maharashtra, Andhra Pradesh, and Odisha. The National Critical Mineral Mission and Critical Mineral Corridor will support integrated value chains for battery materials like lithium and nickel. This signals a new sourcing option for global procurement teams diversifying away from concentrated suppliers.
Uzbekistan invites Indian firms for mining, minerals push ahead of PM Modi's visit
Uzbekistan invited Indian companies to invest in mining, critical minerals and rare earths during ministerial talks in India, according to The Economic Times. Bilateral trade rose 30 per cent last year to $1.3 billion, with targets of $2 billion next year.
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.
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.
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 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.
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.
Trade Quad Unveils $20B Minerals Plan, Criticizes Iran's Toll
The Quad nations have launched a $20 billion critical minerals framework to counter China's dominance in the sector. They also criticized Iran's new shipping tolls in the Strait of Hormuz.