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Tag: lithium

How is India’s hunt for critical minerals going? | Explained

Posted on July 13, 2024 By admin
How is India’s hunt for critical minerals going? | Explained

A villager poses with lithium stones in Jammu and Kashmir’s Reasi district. | Photo Credit: PTI The story so far: In late June, the Centre declared the winning bidders for mining rights in six blocks of critical minerals, including graphite, phosphorite and lithium, for which India largely relies on imports. These are the first private…

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Cabinet approves royalty rates for lithium, two other strategic minerals

Posted on October 11, 2023 By admin
Cabinet approves royalty rates for lithium, two other strategic minerals

Union Minister Anurag Singh Thakur briefs the media on cabinet decisions at National Media Centre, New Delhi on Wednesday. | Photo Credit: Sushil Kumar Verma The Centre on Wednesday said it has approved royalty rates of 3% each for lithium and niobium and 1% for Rare Earth Elements (REEs). The decision on the royalty rates…

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