NITI Aayog Flags China’s Grip on Critical Minerals Supply

22 Sep 2025 CW Team

At the India Mining Summit 2025 in New Delhi, NITI Aayog member Arvind Virmani raised concerns about the heavy concentration of the world’s critical mineral supply in China, warning that the issue has global implications.

Virmani noted that while critical minerals are found across the globe, nearly 80–90 per cent of metal processing and supply is controlled by China. “We would call that a monopoly,” he remarked, stressing the need to diversify global supply chains.

China’s position as the dominant producer of rare earth elements has triggered worldwide anxiety, particularly after it imposed export restrictions. Virmani said the challenge is not limited to India: “The whole world is scrambling to create new technologies. It benefits everybody except the monopolists.”

India has launched the National Critical Mineral Mission (NCMM) to boost domestic exploration, processing and recycling. Virmani also highlighted opportunities for collaboration with countries such as Peru and several African nations rich in untapped mineral reserves.

Responding to Taiwan’s interest in sourcing rare earths from India, Virmani cautioned that India is not a major producer except in specific resources such as iron ore and titanium-bearing monazite sands found in eastern states and Kerala.

He said renewed focus on rare earths would spur technological investigation and economic evaluation, ensuring India contributes to a competitive global supply chain.

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..