GREEN MINERALS
India, Australia look at increasing cooperation in critical minerals, processing
Critical minerals such as copper, lithium, nickel, cobalt and rare earth elements are essential components in many of today's rapidly growing clean energy technologies - from wind turbines and electricity networks to electric vehicles.
Serbia's green activists rally against Rio Tinto lithium project
In Loznica, Serbia, scores protested against the Rio Tinto lithium project, fearing environmental damage. Despite revoked licenses in 2022, protesters demand a ban on lithium mining within 40 days, threatening nationwide blockades. The Jadar project, opposed by environmentalists, could supply 90% of Europe's lithium needs. Serbia's President Vucic signals readiness to approve the controversial mine.
Essar to invest Rs 30,000 crore in green hydrogen plant in Gujarat
Essar Group aims to invest Rs 30,000 crore in a green hydrogen plant in Jamnagar, Gujarat over the next four years. The focus will be on clean energy for growth. Plans include decarbonizing the UK oil refinery, building a green steel plant in Saudi Arabia, and creating an LNG and electric ecosystem for long-haul trucks. Essar also considers mining critical minerals for electric vehicle batteries and plans to expand renewable energy and green mobility solutions, such as LNG and electric trucks.
India’s climate dilemma will hang over Modi’s next five years
Modi, who has cast himself as climate champion for much of the past decade, will be under pressure to make faster progress toward existing green targets, including pledges to hit net zero by 2070, install a mammoth 500 gigawatts of non-fossil energy by the end of the decade, and corral a global alliance on solar power that aims to secure $1 trillion in investment.
Best nuts and seeds combo: Ultimate snack for health, energy, and taste
Explore the ultimate snack for health, energy, and taste with the best nuts and seeds combo. This nutrient-rich blend features a variety of nuts and seeds, each chosen for its unique health benefits. This combo offers a delicious and convenient way to snack smart, ideal for boosting energy levels, supporting heart health, and satisfying cravings. Perfect for busy lifestyles, it’s a wholesome option for anyone seeking a nutritious, tasty treat.
EU carbon tariff: India preps for a fight at WTO
India is considering challenging the European Union's Carbon Border Adjustment Mechanism (CBAM) at the World Trade Organization, which mandates non-EU steel producers to report emissions, impacting sectors like iron and steel, cement, and more.
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No benefits likely from 38 critical blocks put on sale in this decade: Icra
Icra reported that benefits from the 38 critical mineral blocks on sale may not materialize by 2030 due to incomplete exploration. India's downstream manufacturing could face supply shocks. The government is auctioning lithium blocks in J&K and Chhattisgarh, with challenges in extracting lithium from clay deposits. Overseas acquisitions are also being considered.
US on track to establish domestic rare earths supply chain for defence, official says
The US is on track to establish a domestic rare earths supply chain to meet its defense needs by 2027, according to a senior defence official. The US has been driving the build-out of a global supply chain for rare earths, metals used in magnets for green energy industries and defense, beyond dominant producer China since COVID upended global supply chains early this decade. Australia is classified as a domestic source of supply for critical minerals for the US under the Defense Production Act, and the US has been offering funding opportunities to Australian mine developers.
International Energy Agency warns of key energy mineral shortage risk
The International Energy Agency (IEA) has reported a sharp drop in prices for minerals essential for the green energy transition, indicating a shortage due to inadequate investment. The agency noted that prices for minerals key for electric vehicles, wind turbines, and solar panels fell back to pre-pandemic levels as supplies caught up with and surpassed demand. The IEA expressed concern that this may deter investment needed to meet demand, which is set to soar as many nations phase out sales of new internal combustion engine cars in the next decade.
El Salvador mined nearly 474 bitcoins, adding to state crypto holding, in last three years
El Salvador has mined nearly 474 bitcoins since 2021 thanks to a volcano-fueled geothermal power plant, official data showed on Tuesday, bringing the government's total bitcoin portfolio to nearly $354 million at current prices.
The White House’s green trade war is just getting started
The latest US actions reflect a strategic shift in trade policy and considerations of carbon dumping, EU engagement, and national security implications.
Holistic Wellness in Every Cup: Unveiling India's Best Tulsi Tea Selection
In India, Tulsi tea is revered for its numerous health benefits and soothing properties. Known as the "Queen of Herbs," Tulsi, or Holy Basil, has been used in Ayurvedic medicine for centuries due to its antioxidant, anti-inflammatory, and stress-relieving properties. Whether enjoyed hot or cold, Tulsi tea is not only a delicious beverage but also a natural remedy for boosting immunity, improving digestion, and promoting overall well-being, making it a popular choice among health-conscious consumers in India.
Anil Agarwal likens critical minerals to gold, says India should ensure self-sufficiency
The chairman of the natural resources conglomerate Vedanta said that not only are these minerals fundamental for new age technologies, they are also green metals.
Bitcoin miners face survival test in 'halving'
Miners of bitcoin will soon face a halving of the reward for operating the most popular cryptocurrency, in a pivotal event that is a test of survival, industry commentators say. "The block reward halving tends to 'shake-out' the weaker mining operations," Simon Peters, analyst for trading company eToro, told AFP.
Huge opportunities to enhance Australia, India collaboration in skills training sector: Philip Green
High Commissioner Philip Green discusses enhancing collaboration between India and Australia in skill training areas like digital technology, renewable energy, and infrastructure. He highlights the need for partnership to support India's massive skills demand and emphasizes the Australia-India future skills initiative.
How to ensure India’s green power revolution doesn’t also wreak ecological damage
The ideal solution is to separate RE production from storage, and charge some hydel specialists with the task of building adequate pumped storage capacity in environmentally benign ways across locations, facilitating transmission of green power across the country for such storage and draw-down.
Uzbekistan offers attractive conditions to Indian investors in IT, textiles, electronics, pharmaceuticals & minerals: Envoy
India-Uzbekistan strategic partnership thrives on mutual respect and shared values. The countries collaborate across various sectors like trade, investment, tourism, energy, and culture, contributing to stability and development in Central and South Asia.
Unhappy meal: In quest for food security, India is losing focus on quality
The Green Revolution helped the country graduate from an importer to an exporter of many crops. But experts warn that nutrition security isn't getting adequate attention.
View: There’s a gold rush brewing in green hydrogen, it needs to show results soon
Spindletop and Deepwater Horizon represent the petroleum age, while geological hydrogen seeks its own iconic image. Recent discoveries suggest vast quantities below the surface, capable of displacing 40% of natural gas consumption. The industry aims to compete with green hydrogen production from water splitting.
Incentives, investments in tech, infra must for developing India's critical mineral sector: GTRI
A report by the Global Trade Research Initiative (GTRI) emphasized the need for fiscal incentives, technological investments, infrastructure development, and a supportive regulatory environment to boost India's critical mineral sector. India, currently reliant on imports, aims to develop a domestic supply chain for minerals crucial in high-tech and renewable energy technologies.
EU, US to align global minerals push against China’s supply grip
The new initiative, known broadly as a “minerals security partnership forum,” is expected to align outreach efforts to buyers in developed countries and resource-rich nations to cooperate on projects and policies.
India, US working on tech to process critical minerals
Currently, China dominates the global concentration of mineral deposits and processing of critical minerals. Implications are, therefore, high for India, especially since it is committed to achieving 50% of cumulative installed power capacity from non-fossil sources by 2030.
GMDC gets green clearance to expand capacity of Surkha lignite mine in Gujarat
This expansion not only signifies increased production but also aligns with Gujarat Mineral Development Corporation's (GMDC) commitment to sustainability and responsible resource utilisation, the company said in a statement. "The approval of environmental clearance for the capacity expansion of Surkha (N) lignite mine is a pivotal moment for GMDC.
Uttarkashi Tunnel: How Jhansi rat miners rescued workers after high-tech American machine failed
A group of skilled miners from Uttar Pradesh joined the rescue operation to save 41 workers trapped inside the Silkyara tunnel in Uttarkashi. The miners will manually dig their way through the debris to reach the trapped workers. The rescue is expected to be completed within the next 24 to 36 hours.
India to launch first-ever auction of critical mineral blocks, including world's new fuel, from Nov 29
India is set to launch its first-ever auction of 20 critical mineral blocks on November 29. This initiative aims not only to bolster economic growth but also secure essential resources for driving the nation's green energy shift. The online auction will use a transparent two-stage ascending forward process, selecting bidders based on their quoted mineral values.
NGT bars desilting, mineral extraction at Bisalpur Dam in Rajasthan without green clearance
The National Green Tribunal has ordered Eastern Rajasthan Canal Project Corporation Limited (ERCPCL) to stop desilting, dredging, and mineral extraction at the Bisalpur Dam without obtaining environmental clearance. The order came after a petition filed by Jodhpur-resident Dinesh Bothra challenging the tender for sand mining at the dam for 20 years.
Climate action not a burden but opportunity for innovation, growth: Piyush Goyal
The Forum was co-hosted by US Secretary of Commerce Gina Raimondo and Senior Advisor to the President Amos Hochstein with the discussion centred on collaborative actions and shared priorities to increase private investment in the Indo-Pacific.
India to invite bids for 20 critical minerals, including lithium, in 2 weeks: Official
India plans to invite bids within two weeks for 20 crucial mineral blocks, encompassing minerals like lithium and graphite, aiming to bolster domestic resources for the green energy shift. State-run enterprises have been actively scouting the globe in search of these valuable mineral resources.
Modi’s green push spurs 120% mining stock frenzy in India
Increased appetite for all things linked to the manufacturing of electric-vehicle batteries and other renewables equipment has been a boon for many markets. But in Asia’s third-largest economy, investors are betting those gains have further room to run thanks to Prime Minister Narendra Modi’s goal to reach net zero emissions by 2070.
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