India signs MoU with IEA for cooperation on critical minerals

15 Nov 2024 CW Team

India’s Ministry of Mines has entered into a Memorandum of Understanding (MoU) with the International Energy Agency (IEA) to boost collaboration in the critical minerals sector, focusing on data sharing, policy recommendations, and resource management. This MoU aims to support India’s strategic decision-making and improve resource management in line with global standards, according to the ministry.

The agreement was signed by V L Kantha Rao, Secretary of the Ministry of Mines, and Dr Fatih Birol, Executive Director of the IEA, an agency under the OECD. The signing ceremony, held at Shastri Bhawan in New Delhi, was attended by Union Minister of Mines G Kishan Reddy.

“This partnership will provide India with reliable data, analysis, and policy insights in the critical minerals sector, helping to streamline policies, regulations, and investment strategies,” the ministry said.

Under the MoU, the Ministry of Mines and IEA will collaborate on capacity building, data collection, modelling, and analysis, with plans for joint research projects, workshops, and training programs. These initiatives will focus on advancing technology, improving extraction techniques, and developing recycling methods for critical minerals.

The Union Cabinet approved the MoU on October 3, 2024. The formal exchange of the document was conducted by Joint Secretary Vivek Kumar Bajpai and Tae-Yoon Kim, Head of Energy Minerals Analysis at the IEA.

The ministry highlighted that the MoU represents a major step toward securing India’s critical mineral resources and aligning national policies with international best practices.

(ET)

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..