India to auction more critical mineral blocks

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…

Read More

Indonesia seeks critical minerals deal with U.S.

Indonesia has requested trade talks with the United States to ensure that its exports of critical minerals are covered under the U.S. Inflation Reduction Act as it seeks to become a major EV manufacturer, reported Reuters. Under guidelines of the law, a certain amount of critical minerals in electric vehicle (EV) batteries are required to be produced or assembled in…

Read More

BHP Xplor program seeks next cohort

BHP Xplor, a six-month accelerator program in the pursuit of unlocking critical minerals, has started a global search for its 2024 cohort of early-stage explorers and startups. The program is designed to provide selected participants with the opportunity to accelerate their exploration concepts through funding, mentorship and coaching. Selected companies will receive up to US$500,000 cash payment from BHP, together…

Read More