October 13, 2026
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147 Auctioned Commercial Coal Blocks to Generate ₹47,500 Crore Annual Revenue: Ministry

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The coal ministry on Monday said the 147 commercial coal blocks auctioned across nine states since 2020 are expected to generate around ₹47,500 crore in annual revenue, attract ₹55,000 crore in capital investment, and create approximately 490,000 jobs. The ministry said revenue from allocated commercial mines, including upfront and premium payments, stood at ₹3,090 crore Continue Reading
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Coal India Eyes Chile Lithium Assets Through Wealth Minerals Deal

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Coal India is considering acquiring a unit of Canada’s Wealth Minerals that holds lithium mining assets in Chile, according to sources familiar with the matter. The state-owned coal giant is also exploring a potential joint venture, as India steps up efforts to secure overseas supplies of lithium, a critical mineral used in electric vehicle batteries […]Continue Reading
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Odisha Warns Miners, Steel Firms Over Iron Ore Grade Manipulation

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Odisha, India’s largest iron ore-producing state, has warned mining companies and steel manufacturers of strict action over alleged iron ore grade manipulation and misdeclaration. State inspections reportedly found discrepancies that could have resulted in significant revenue losses, prompting authorities to tighten oversight across the sector. The companies named in Continue Reading
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Aditya Birla Plans $1.26 Billion Expansion of Odisha Alumina Refinery

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India’s Aditya Birla Group has proposed investing an additional $1.26 billion to significantly expand its alumina refinery at Kansariguda in Odisha. The project, to be carried out by Hindalco Industries, aims to increase the refinery’s production capacity from its current level to 3 million metric tons per year, strengthening the company’s presence in the Continue Reading
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Reliance, Vedanta and Adani Eye Andhra Pradesh Rare Earth Projects Amid India’s China Diversification Push

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India is accelerating efforts to reduce its dependence on China for rare earth minerals, with major industrial groups Reliance, Vedanta and Adani among companies showing interest in developing processing facilities in Andhra Pradesh. According to sources, nearly 10 firms have expressed interest in setting up rare earth projects in the state, which holds significant Continue Reading
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India in Talks for Global Critical Minerals Deals

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India is engaging with Brazil, Canada, France, and the Netherlands to explore, extract, process, and recycle critical minerals, with a focus on lithium and rare earths. The discussions also aim to secure access to advanced mineral-processing technologies, as India seeks to diversify supplies beyond China. The initiative follows India’s January agreement with Germany and Continue Reading
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Centre Revises Royalty Rates to Boost Domestic Production of Critical Minerals

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The Union Cabinet has approved the rationalization of royalty rates for key critical minerals, including graphite, caesium, rubidium, and zirconium, aiming to accelerate domestic production. These minerals are essential for advanced technological applications and the global energy transition, with graphite and zirconium listed among the 24 critical minerals under the Mines Continue Reading

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