Venezuela to Enhance Beyond Oil in Critical Minerals
The Commerce Ministry announced that Venezuela expressed enthusiastic interest in increasing cooperation on critical minerals with India to attract investment. This was discussed in a meeting between Commerce and Industry Minister Piyush Goyal and Venezuelan Minister of Ecological Mining Development, Hector Silva, in Vishakapatnam, Andhra Pradesh. During the meeting, Venezuela showed interest in enhancing economic…
Himanshu
Cabinet Agrees to New Royalty Rates For Critical Minerals
India aims to reduce import dependence and vulnerabilities in the supply chain of critical minerals. The Union Cabinet approved on Wednesday, 12 November, the rationalisation of royalty rates of graphite, caesium, rubidium, and zirconium. According to the rationalisation structure, the royalty was previously sought on a per-tonne basis for graphite (i.e., a fixed amount for…
Cabinet Clears ₹1500 Cr For Critical Minerals Recycling
On Wednesday, the Cabinet approved a scheme worth Rs 1,500 Crore to promote critical minerals recycling in the country. This decision was taken under the chairmanship of Prime Minister Modi during the cabinet meeting. This initiative aims to improve the nation’s recycling capacity for separating and producing critical minerals from secondary sources. This includes e-waste,…
