

India Secures Critical Minerals from Peru, Chile, Argentina
India is accelerating efforts to secure stable supplies of critical minerals from Peru, Chile, and Argentina, aiming to strengthen its renewable energy and green mobility sectors.This move comes amid supply chain disruptions caused by China’s restrictions on exports of rare earth magnets and tunnel boring machines (TBMs), which have impacted Indian industries. High-level talks with Peru are focusing on lithium, copper, and rare earth imports. Meanwhile, free trade agreement (FTA) negotiations with Chile are due to begin soon, while Argentina offers opportunities in critical minerals, energy,..

HPIL Signs MoU for Rs 31 Billion Steel Plant in Gadchiroli
Hariom Pipe Industries (HPIL) has signed a memorandum of understanding (MoU) with the Government of Maharashtra to establish an integrated steel plant in Gadchiroli district.The proposed project involves an investment of Rs 31.35 billion. The state government will provide fiscal incentives and assist in obtaining all necessary approvals, registrations, and clearances under existing policies. HPIL clarified that the MoU does not involve any shareholding, related-party transactions, or issuance of shares. It is strictly limited to the proposed plant, with no special rights granted to the state.H..

SAIL Awards Rs 3 Billion Sinter Plant Contract at Burnpur
The first major component of the upcoming Rs 35 billion integrated steel plant at Burnpur has been awarded to a consortium for Rs 3 billion. The IISCO Steel Plant (ISP) of the Steel Authority of India Limited (SAIL) will be expanded into a state-of-the-art green steel facility, marking the largest single central government investment in West Bengal to date.On Thursday, ISP Burnpur signed a significant agreement with a consortium comprising Metso India Pvt. Ltd., Kolkata, and Outotec, Germany. The contract covers the construction of a 2.673 million tonnes per annum (MTPA) Sinter Plant Complex..