All posts tagged: Minerals

US army bases to host critical minerals processing plants, boost production

US army bases to host critical minerals processing plants, boost production

Published by Parlour News

The US Army will allow several companies to build critical minerals processing plants at military bases around the country as part of a Trump administration push for more domestic production. Boosting US capacity in critical minerals and reducing reliance on imports — especially from China — has been a priority for President Donald Trump during his second term in office. (AP Photo/Jacquelyn Martin (File)) REalloys Inc., Titan Mining Corp., ioneer Ltd. and Energy Exploration Technologies Inc. have reached agreements with the Pentagon to build the plants, according to people familiar with the matter, who asked not to be identified ahead of an official announcement. The new facilities will handle rare earth minerals, graphite, lithium and boron, they said. Boosting US capacity in critical minerals and reducing reliance on imports — especially from China — has been a priority for President Donald Trump during his second term in office. Initiatives have included government loans and taking equity stakes in producers, but using military property represents a first-of-its-kind approach to mineral processing in the US. Rare earths, …

G7 Critical Minerals Push Targets AI and Chip Supply Chain Risk

G7 Critical Minerals Push Targets AI and Chip Supply Chain Risk

Published by Webster

The hardware behind AI data centers, semiconductors, electric vehicles, industrial robots, telecom gear, and defense systems depends on minerals supply chains the G7 no longer wants concentrated in China. At this week’s G7 summit, leaders put that hardware risk back on the agenda. The question now is whether governments and manufacturers can finance enough refining, recycling, magnet production, and long-term purchase deals to make alternatives viable. A June 17 summit report said G7 leaders planned closer cooperation on critical minerals, including stockpiling, recycling, and a platform supported by the International Energy Agency. The push builds on the G7 Critical Minerals Action Plan and Critical Minerals Production Alliance, announced at the June 2025 summit in Kananaskis, Canada. For APAC technology manufacturers and buyers, the risk is not just where hardware is assembled. Japan, South Korea, Taiwan, India, Vietnam, and other regional hubs may make more high-value electronics and infrastructure, while AI data center growth is already putting new pressure on regional power planning. Final assembly does not remove exposure to minerals still refined, processed, or licensed …

Surveillance, minerals and energy: What are the key takeaways from Delhi QUAD meet

Surveillance, minerals and energy: What are the key takeaways from Delhi QUAD meet

Published by Parlour News

The Quad grouping of India, the US, Australia and Japan on Tuesday expanded cooperation in critical minerals and energy while unveiling new measures to boost maritime surveillance and port infrastructure across the Indo-Pacific, with external affairs minister (EAM) S Jaishankar calling the meeting “productive”. External affairs ,inister S. Jaishankar addresses during the quad foreign ministers’ joint press statement, at Hyderabad House, in New Delhi on Tuesday. (ANI) The grouping’s foreign ministers met in New Delhi, with Jaishankar chairing the meeting. It was also attended by US Secretary of State Marco Rubio, Australian Foreign Minister Penny Wong and Japanese Foreign Minister Toshimitsu Motegi. Detailing the takeaways on social media after the meeting, Jaishankar pointed out key decisions finalised by the group. The first of the three is the Indo-Pacific Maritime Surveillance Initiative. “Agreed on Indo-Pacific Maritime Surveillance Initiative and on a Common Operating Picture in the maritime domain. Will consider an expert panel on Port Infrastructure, collaborate on a pilot port project in Fiji, and on undersea cables,” S Jaishankar wrote on X. The second takeaway …

India-Africa Forum Summit to focus on trade, defence and critical minerals

India-Africa Forum Summit to focus on trade, defence and critical minerals

Published by Parlour News

Top leaders of African nations are expected to attend the India-Africa Forum Summit to be held this month, which will see New Delhi unveil a roadmap to boost its ties with the continent, especially in trade, defence, space technology and critical minerals. Top leaders of African nations are expected to attend the India-Africa Forum Summit to be held this month. The summit, the fourth of its kind, will be held in New Delhi on May 31. India has increased its diplomatic footprint in Africa by opening 17 new missions since 2018, taking the total number to 46. New Delhi has also sought to enhance trade and connectivity with Africa in the face of China’s growing presence on the continent. The India-Africa Forum Summit will focus on boosting cooperation in economy and trade, defence and security, critical minerals, energy, space and high technology, agriculture, health, education, and climate action, officials said on Saturday. “We are looking at enhancing our economic partnership in a big way,” an official said. The Indian side is keen to transform the …

India, Canada Seal Key Deals On Uranium, Critical Minerals; Eye Billion Trade By 2030 | World News

India, Canada Seal Key Deals On Uranium, Critical Minerals; Eye $50 Billion Trade By 2030 | World News

Published by Webster

Last Updated:March 02, 2026, 20:15 IST A standout achievement of the talks was the landmark USD 2.6 billion uranium supply deal, which will support India’s growing civil nuclear energy sector. Prime Minister Narendra Modi walks with his Canadian counterpart Mark Carney before their meeting at the Hyderabad House in New Delhi on March 2. (AFP photo) India and Canada on Monday took significant step towards strengthening their bilateral ties by sealing crucial agreements on uranium supplies, critical minerals, and a broad economic partnership. In a meeting, Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney agreed to finalise a Comprehensive Economic Partnership Agreement (CEPA), with a goal to boost trade to USD 50 billion by 2030. A standout achievement of the talks was the landmark USD 2.6 billion uranium supply deal, which will support India’s growing civil nuclear energy sector. In addition, the two leaders discussed new collaborations in defence, technology, small modular nuclear reactors, renewable energy, and education. Canada’s substantial reserves of critical minerals and rare earth materials will play a vital role …

India joins US-led Pax Silica alliance to boost AI, critical minerals security

India joins US-led Pax Silica alliance to boost AI, critical minerals security

Published by Webster

India on Friday joined the United States (US)-led strategic alliance Pax Silica, an initiative aimed at building a secure and resilient supply chain for critical minerals and artificial intelligence. The agreement to join the coalition was formalised at a ceremony held on the sidelines of the AI Impact Summit in the national capital, news agency PTI reported. Union Minister for Electronics and Information Technology (IT) Ashwini Vaishnaw, US Under Secretary of State for Economic Growth, Energy, and the Environment Jacob Helberg and US Ambassador to India Sergio Gor were among those present. India’s decision to enter the coalition comes at a time when New Delhi and Washington are working to conclude a proposed trade agreement and advance several initiatives to strengthen bilateral ties after a period of strain. “From the trade deal to Pax Silica to defence cooperation, the potential for our two nations to work together is truly limitless,” Gor said. He described India’s participation as not merely symbolic but a strategic step that would further strengthen the trajectory of bilateral relations. Highlighting India’s …

Jaishankar, Rubio welcome trade deal; discuss energy, nuclear, defence, critical minerals

Jaishankar, Rubio welcome trade deal; discuss energy, nuclear, defence, critical minerals

Published by Parlour News

U.S. Secretary of State Marco Rubio, right, shakes hands with India’s External Affairs Minister S. Jaishankar at the State Department in Washington, on February 3, 2026 | Photo Credit: AP External Affairs Minister S. Jaishankar met U.S. Secretary of State Marco Rubio “welcomed” the trade deal reached between U.S. President Donald Trump and Prime Minister Narendra Modi, and discussed “formalising” bilateral cooperation on critical minerals exploration and mining during their meeting in Washington DC on Tuesday (February 3, 2026). Mr. Rubio held bilateral discussions with Mr. Jaishankar at the State Department, ahead of the inaugural Critical Minerals Ministerial meeting being convened by the U.S. on Wednesday (February 4, 2026). “Delighted to meet US @SecRubio this afternoon. A wide ranging conversation that covered our bilateral cooperation agenda, regional and global issues,” Mr. Jaishankar posted on X after the meeting. “Facets of India-U.S. Strategic Partnership discussed included trade, energy, nuclear, defence, critical minerals and technology. Agreed on the early meetings of various mechanisms to advance our shared interests,” he wrote. A readout of the bilateral meeting provided …

Jaishankar In US For Key Minerals Meet After Trade Deal, Pakistan Left Out | India News

Jaishankar In US For Key Minerals Meet After Trade Deal, Pakistan Left Out | India News

Published by Webster

Last Updated:February 03, 2026, 12:09 IST EAM Jaishankar is in the US for talks at the Critical Minerals Ministerial. The visit highlights India’s entry into Pax Silica, while Pakistan has not been invited. File photo of EAM S Jaishankar (X/@DrSJaishankar) External Affairs Minister S Jaishankar is in the United States for a three-day visit centred on the inaugural Critical Minerals Ministerial convened by US Secretary of State Marco Rubio. The meeting will focus on strengthening international cooperation to build reliable and resilient critical-mineral supply chains that underpin economic security, technological leadership and the energy transition. The External Affairs Ministry, quoted by news agency PTI, said the ministerial will examine supply-chain resilience, clean-energy transitions and strategic collaboration in critical minerals. Jaishankar is also expected to meet senior members of the US administration during the visit. BILATERAL TALKS AMID RESET EFFORTS The visit coincides with the newly announced India-US trade pact following a phone conversation between Prime Minister Narendra Modi and US President Donald Trump. With the agreement on the trade deal, Trump agreed to reduce reciprocal …

Critical mineral: Union Budget exempts custom duty on capital goods for RE minerals push, boost exploration | Business News

Critical mineral: Union Budget exempts custom duty on capital goods for RE minerals push, boost exploration | Business News

Published by Parlour News

3 min readNew DelhiUpdated: Feb 1, 2026 05:31 PM IST The Union Budget 2026-27 has exempted basic customs duty on the import of capital goods required for the processing of critical minerals. The move is expected to boost the country’s critical mineral processing capacity, which is currently in early stages. Processing is considered as one of the key bottlenecks in India’s critical mineral ecosystem as India depends heavily on imports of refined minerals and components. Notably, China controls 90% of global critical mineral processing and has imposed curbs on several critical and heavy rare earth minerals amid trade tensions with the US. While Beijing has eased some controls after discussions between US President Donald Trump and Chinese President Xi Jinping, the prolonged restrictions have already pushed countries — including India — to diversify supplies. Rajib Maitra, Partner, Deloitte India, said that the proposed basic customs duty exemption on capital goods for critical minerals processing will enhance the viability of projects and encourage investments in domestic processing. It provides the necessary fiscal incentives and regulatory clarity …

India and Canada to anchor trade in energy, critical minerals| India News

India and Canada to anchor trade in energy, critical minerals| India News

Published by Parlour News

Energy and critical minerals will be the cornerstone of new trade ties between India and Canada, a top Canadian minister said, as the two countries rekindle their relationship after a prolonged diplomatic rift. FILE: Union Minister Piyush Goyal co-chairs the 7th India-Canada Ministerial Dialogue on Trade and Investment as part of the New Roadmap 2025 with Canada’s Minister of International Trade Maninder Sidhu, in New Delhi. (@PiyushGoyal X/ANI Photo) (Piyush Goyal-X) India’s expected growth in energy demand is a “great opportunity” for the North American nation, which holds large supplies of oil, gas and critical minerals, Energy and Natural Resources Minister Tim Hodgson told Bloomberg Television at the India Energy Week in Goa on Wednesday. “We produce 6% of the world’s oil today and India gets less than 1% of its oil from Canada,” he said. Increasing that share to a more reasonable level would make both countries stronger, more resilient and secure, he added. India and Canada first clashed in 2023 when former Prime Minister Justin Trudeau accused India of orchestrating the assassination of …