Reuters has reported that India plans to provide nearly $50 million to fund collaborations between research institutes and companies to further aid critical minerals extraction as the country tries to cut its near-total reliance on imports of lithium and rare earth minerals. So far, the news agency noted, India’s attempts to create a critical minerals mining industry have faltered. The…
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NLC India Limited (NLCIL) has recently awarded TAKRAF India with four new orders for the revamping and maintenance of various bucket-wheel excavators at its three open pit mines in India. NLCIL is a public sector company of the Government of India and one of the country’s largest lignite and power producers. Two of the orders concern the major revamping of…
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India’s Ministry of Coal recently held a stakeholders’ consultation on draft mining plan guidelines for coal and lignite blocks on 1 July. The guidelines aim to foster a more sustainable and ethical approach to coal mining. Twenty-five coal and lignite mining companies participated in the event. Additional Secretary Shri M. Nagaraju highlighted the ministry’s dedication to enhancing the regulatory framework…
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India’s Ministry of Coal launched the 10th round of its Commercial Coal Mining auctions on 21 June as it moves to enhance domestic coal production and ensure energy security for the nation. The latest auction round includes 60 blocks, encompassing a diverse range of coking and non-coking coal mines. Among these mines, 24 are fully explored, while 36 are partially…
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The coal industry in India is set to boost its renewable energy capacity from a current 1.7 gigawatts to more than 9 GW by 2030, the country’s Ministry of Coal said. The move is in alignment with the Prime Minister’s ‘Panchamrit’ announcement during COP-26 and to progress towards the goal of net zero carbon emissions by 2070, it said. “With…
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India has launched the second part of its critical minerals auction worth an estimated 30 trillion rupees (about US$362 billion), reported Reuters. Eighteen critical mineral blocks will be auctioned in eight states across the country. The government said 17 of the blocks have been put up for a composite licence, which includes a licence to examine a block and mine…
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Since launching in June 2020, India’s Commercial Coal Mine Auction has successfully sold 91 coal and lignite mines. Six of these mines have already started producing coal and three more are expected to begin production in a couple of months. The Ministry of Coal has so far completed seven rounds of the transparent online auction. It said the ongoing eighth…
Read MoreThe Coal Ministry of India has issued vesting orders for six coal mines and agreements for two mines, bringing the agency’s total so far to 80 under its commercial auction scheme. The ministry said the orders were issued on 14 December; out of the six coal mines whose vesting orders were issued, two coal mines are fully explored mines and…
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Scania Commercial Vehicles in India has inked an exclusive partnership with PPS Motors, giving the latter the role of its sole representative for the OEM’s mining tippers in India. Scania officials said the pairing will ensure it has Pan India coverage for its sales and service operations. “The company provides tailor-made solutions by detecting, analyzing, and continuously optimizing critical points…
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An Indian government source said the country’s federally administered region of Jammu and Kashmir will auction its estimated 5.9 million tonnes of lithium reserves over the next few weeks, reported Reuters. Read full story here.
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