Mining Sector

India is intensifying efforts to secure critical mineral resources in Canada, aiming to bolster domestic supply chains for technology, energy, and defense sectors. With global demand for minerals such as lithium, cobalt, and rare earths surging, India is seeking strategic partnerships and investments to reduce import dependence and mitigate supply risks. Analysts highlight that Canada’s rich mineral reserves and stable regulatory environment make it a prime target for Indian investors and government-backed initiatives.

Punjab has formally launched a new regime of mining auctions, marking a significant policy shift aimed at reforming the state’s mineral sector through transparency, accountability, and structured governance. The initiative seeks to replace discretionary allocations with competitive bidding, curb illegal mining activities, and enhance revenue realization for the state. By introducing a technology-driven auction framework, the government aims to attract credible investors while ensuring regulatory compliance and environmental safeguards.

The Ministry of Mines has unveiled an extensive showcase at the India International Trade Fair (IITF) 2025, emphasizing the nation’s growing capabilities in sustainable mineral exploration, processing, and resource management. The pavilion, designed around the theme of “Sustainable Mining for a Prosperous Future,” highlights India’s advancements in critical minerals, green technologies, and digital innovations shaping the mining ecosystem.

KABIL (Khanij Bidesh India Limited) is exploring investment opportunities in Zambia and Chile to secure critical mineral resources essential for India’s strategic industries, including electric vehicles, renewable energy, and electronics. This move aligns with the company’s mandate to strengthen domestic access to lithium, cobalt, and copper, reducing dependence on imports and enhancing supply chain resilience. Analysts view KABIL’s international focus as a calculated step to support India’s industrial ambitions and energy transition goals.

Natural resources conglomerate Vedanta Ltd. has declared a dividend of Rs. 16 per equity share, underscoring its commitment to rewarding shareholders despite a volatile commodities environment. The announcement highlights Vedanta’s robust cash flow position and disciplined capital allocation strategy, even as the company navigates challenges in global markets. With a history of consistent payouts, the latest dividend reinforces the group’s focus on balancing shareholder returns with growth investments.

State-owned mining company MOIL Ltd. has posted its highest-ever quarterly manganese ore production, reaching 5.02 lakh tonnes during the April–June period of FY2025, marking a 7% year-on-year increase. June alone saw output touch a new monthly high of 1.68 lakh tonnes, reflecting a 2% uptick over the same month last year.