Stay updated with breaking news from Minerals Development. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The mining of rare earth elements is highly competitive due to limited global reserves and growing demand from clean energy technologies and electronics. This competition exacerbates geopolitical tensions. Environmental concerns and complexities of extraction pose additional challenges to ensuring sustainable access to these resources.
A total of 22 bills were cleared by the Parliament during the Monsoon session, whereas, three more bills were tabled in the Lok Sabha but could not be taken up for discussion and passage.
Data showed the royalty which was Rs 9,695.88 crore in 2016-17 rose to Rs 38,840.48 crore in 2021-22, , royalty, minerals, india, states, central government, parliament, mineral production
The Mines and Minerals (Development and Regulation) (MMDR) Amendment Act, 2023, has received the approval of President Droupadi Murmu.
Government turns to Geological Survey of India to search for strategic critical minerals, fearing private players may stay away due to complexity and costs