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U.S. Treasury Secretary Scott Bessent has announced that India and Australia will join a key meeting of G7 finance ministers in Washington on Monday, focused on securing supplies of critical minerals.This gathering underscores growing Western concerns over China’s dominance in these vital resources, which power everything from defence technologies to renewable energy systems.Bessent, who has
India’s Andhra Pradesh coastline, spanning a remarkable 974 kilometres from Srikakulam in the north to Nellore in the south, has recently been identified as a treasure trove of rare and valuable minerals, according to a report by TOI. Geological assessments and official reports highlight significant deposits of monazite embedded in beach sands, alongside other critical minerals such as
India possesses the world’s third-largest reserves of rare earth elements, yet its production lags far behind global leaders, exposing deep-seated structural bottlenecks in the mining sector.A recent report by Amicus Growth, published on 29 December, underscores this disparity, noting that while India holds substantial resources, regulatory hurdles and limited processing capabilities have stifled
Indian Metals and Ferro Alloys (IMFA), a prominent ferro alloys producer based in Odisha, has announced its intention to venture into the critical minerals sector.This comes amid a growing national push to secure supplies of these essential resources, which are vital for advanced technologies including electric vehicles, renewable energy systems, and defence applications.The company boasts over
Prime Minister Narendra Modi departed from Jordan for Ethiopia on Tuesday, concluding the first leg of his three-nation tour. Jordan’s Crown Prince Al Hussein bin Abdullah-II personally bid farewell to the Prime Minister at the airport in Amman, a gesture that underscored the robust bilateral relations between India and Jordan.The Ministry of External Affairs (MEA) highlighted this warm send-off
King Abdullah II of Jordan has commended the remarkable economic growth India has achieved under Prime Minister Narendra Modi’s leadership. Speaking at the India-Jordan Business Forum in Amman on 16 December 2025, the King highlighted India’s progress and expressed eagerness to elevate bilateral economic ties.He stated, "Under the great leadership of Prime Minister Modi, India has witnessed great
India and Jordan have signed several Memorandums of Understanding (MoUs) to bolster bilateral ties in critical sectors, including renewable energy, water resources, digital transformation, and cultural heritage.This development occurred during Prime Minister Narendra Modi’s two-day official visit to Amman, the first leg of his three-nation tour. The agreements underscore a shared commitment to
Prime Minister Narendra Modi engaged in productive discussions with King Abdullah II of Jordan during his visit to Amman on 16 December 2025. The meeting, held at the Al Husseiniya Palace, focused on strengthening bilateral ties as both nations celebrate the 75th anniversary of diplomatic relations this year.Modi took to the social media platform X to highlight the King’s personal commitment to
The United States has announced a substantial investment of USD 1.25 billion to support a major mining project in Pakistan’s Balochistan province, marking a significant step in US-Pakistan economic cooperation.The US Export-Import Bank (EXIM) approved this financing to back the development of the Reko Diq critical minerals project, a venture expected to strengthen mining activities in the
Novasensa, a US-based recycling firm active in India, asserts that addressing discrepancies between policy frameworks and on-ground industry challenges remains pivotal to accelerating India’s critical minerals security.Co-founder and Chief Operating Officer Vanessa Lacayo, in remarks to ANI on 4 December 2025, highlighted the pressing need for policymakers to align their strategies with the