Khanij Bidesh India Limited (KABIL)

Source:  TOI Subject:  Economy Context: State-owned Khanij Bidesh India Limited (KABIL) has received environmental clearance from the Argentine government to begin deep exploration of five brine lithium blocks in Catamarca province. About Khanij Bidesh India Limited (KABIL): What it is? KABIL is a Joint Venture Company (JVC) formed by three Indian Government Enterprises: National Aluminium …

Budget 2026–27: Announcement for Rare Earth Corridors

Source:  IE Subject:  Geography/Economics Context: The Union Budget 2026–27 announced the establishment of dedicated Rare Earth Corridors in four coastal states to strengthen India’s critical minerals ecosystem. About Budget 2026–27: Announcement for Rare Earth Corridors: What are Rare Earth Corridors? Rare Earth Corridors are integrated, state-anchored industrial value chains designed to link mining, processing, research …

India’s Minerals Diplomacy

Source:  TH Subject:  International relations/ Economic Resources Context: India is recalibrating its global mineral strategy following the launch of the National Critical Mineral Mission (NCMM) in 2025 and the tightening of export controls by China on rare earths. About India’s Minerals Diplomacy: What it is? Minerals diplomacy is the strategic use of international partnerships and …

IREL (India) Limited

Source:  FE Context: India has directed IREL (India) Ltd to suspend its 13-year-old rare earth supply agreement with Japan, aiming to prioritize domestic needs and reduce dependence on Chinese processing chains. About IREL (India) Limited: What It Is? IREL (India) Limited is a Public Sector Undertaking (PSU) under the Department of Atomic Energy, engaged in …

Reclassification of Major Minerals

Source:  EET Context: The Ministry of Mines, through a gazette notification, reclassified Barytes, Feldspar, Mica, and Quartz as major minerals from their previous minor mineral status. About Major Mineral Reclassification: What are Major Minerals? Major minerals are those regulated by the Central Government under the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act, …