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India’s Union Cabinet has approved a ₹7,280 crore scheme to promote the manufacturing of sintered rare earth permanent magnets (REPM), marking the first integrated domestic ecosystem for these critical components.The initiative targets a production capacity of 6,000 metric tons per annum (MTPA), allocated to five beneficiaries through global competitive bidding, with each eligible for up to
Prime Minister Narendra Modi met with Netherlands Prime Minister Dick Schoof on the sidelines of the G20 Summit held in Johannesburg on November 23, 2025.During their meeting, the leaders discussed the rapidly growing bilateral partnership between India and the Netherlands, focusing on key sectors such as water resources, innovation, technology, and energy. PM Modi emphasised the commitment of
China’s control over critical minerals, especially rare earth elements, poses a significant threat to the global climate transition, according to strategic affairs expert Jagannath Panda. Speaking at COP30 in Belem, Panda highlighted that China oversees nearly 60% of global rare earth production and around 90% of refining capacity, giving it the power to influence, or even weaponize, the pace of
The Union Cabinet has approved a landmark rationalisation of royalty rates for graphite, caesium, rubidium, and zirconium, marking a strategic step to strengthen India’s critical mineral sector.The decision aligns with the government’s broader National Critical Mineral Mission, which seeks to ensure supply chain security and self-reliance in minerals essential to the green and high-tech
External Affairs Minister S Jaishankar represented India at the G7 Foreign Ministers’ Meeting Outreach Sessions on energy security, critical minerals, and maritime prosperity. His participation underscored India’s proactive engagement in shaping global cooperation frameworks on strategic resources and secure maritime networks.During the session on energy security and critical minerals, Jaishankar
India is moving swiftly to finalise new trade agreements with Latin American nations, notably Peru, Chile, and Mexico, as escalating U.S. tariffs strain its export-dependent sectors.The recent tariff measures imposed by President Donald Trump’s administration have disrupted access to the American market, prompting New Delhi to recalibrate its trade strategy.The focus is not just on offsetting
India is poised for a transformative leap in the global rare earths supply chain following the breakthrough deal between President Donald Trump and President Xi Jinping.The summit in Busan, South Korea, secured a one-year reprieve from Chinese export controls, briefly easing the international stranglehold and granting India a crucial window for progress.For decades, China has exerted near-total
Argentina has reaffirmed its growing strategic partnership with India, identifying itself as a natural and complementary collaborator in critical sectors such as energy security, mineral supply chains, and defence cooperation.Speaking to ANI, Mariano Caucino, Argentina’s Ambassador to India, underscored Buenos Aires’ readiness to serve as a reliable partner to support New Delhi’s expanding needs
China’s attempt to leverage its dominance in rare earth minerals has backfired, prompting a decisive global response led by the United States and allied nations. The move, initially intended to exert political pressure through export restrictions, has instead accelerated diversification efforts in the global critical minerals market.US Treasury Secretary Scott Bessent described Beijing’s October
India is positioning itself as a committed partner to Africa for the sustainable and inclusive development of its critical mineral resources, emphasising collaboration rather than mere extraction.Speaking at the 20th CII India-Africa Business Conclave held in New Delhi, Sevala Naik Mude, Additional Secretary in India’s Ministry of External Affairs, highlighted that Africa’s mineral wealth “