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       RULE CHANGE                                                                                                   found on the Earth’s crust within various   Currently, in India, the IREL – under  rare earth group elements along coastal/
       Government tightens control on offshore atomic                                                                minerals and deposits. They are not typi-  DAE – is the only agency which is into  inland/riverine placer sands, as well as
                                                                                                                     cally found in isolation, but rather as com-
                                                                                                                                                       mining,  processing, and sale of rare  in hard rock terrains in several poten-
       minerals with new licensing rules                                                                             ponents of other minerals, such as mona-  earth element oxides.     tial geological domains in the country,”
                                                                                                                                                                                         said Mr. Reddy. Additionally, the Geo-
                                                                                                                     zite, bastnasite, and xenotime. These are
                                                                                                                     minerals found in both hard rock deposits –   “The Atomic Minerals Directorate  logical Survey of India (GSI) has aug-
          The government  has announced  exploration, and production of atomic  rity clearance from ministries including   cabonatites and alkaline igneous rocks –  for Exploration and Research (AMD),  mented 482.6-mt resources of REE ore
       sweeping regulations governing explo-  minerals – defi ned as those containing  defence, home, and environment.   and weathered deposits like ion absorp-  a constituent unit of DAE, is carrying  at various cut-off grades in 34 explora-
       ration and production of atomic mine-  uranium, thorium, and other radio-  Under the rules, exploration will be   tion clays and mineral sands.  out  exploration and  augmentation of  tion projects, the Minister added.
       rals in offshore areas. The rules entail  elements  critical to India’s nuclear  allowed without a license, but only for
       government  oversight over strategic  programme.                   notifi ed government agencies.              FUTURE PLANS
       resources such as uranium and thorium,                                                                        Hindustan Zinc secures govt. approval for potash block
       amid rising concerns over nuclear   The DAE  and  the Atomic Energy   Any later discovery of atomic mine-
       energy security and geopolitical risks.   Regulatory Board (AERB) will serve  rals above threshold grades, as defi ned   in Rajasthan; seeks partners to scale critical mineral
                                         as the nodal oversight agencies, ensur-  in alignment with the Atomic Mineral
          Foreign  fi rms  are  barred  from  ing compliance with radiological safety  Concession  Rules, 2016, must  be  re-  exploration
       exploration  activities  unless  specifi c  and strategic protocols. “Only central  ported to the Directorate  of  Atomic
       relaxations are made; while state-owned  government agencies, state-owned  Minerals Exploration and  Research    Hindustan Zinc Ltd., a  Vedanta  Talks advance with global fi rms     “We are open to neodymium
       entities or government nominated ones  enterprises, or government-nominated  (AMD).  There  is a possibility that   Group company and leading zinc pro-  The company said it has initiated  extraction for rare earth magnet making;
       will be allowed.                  companies can be awarded compo-  post such reportage, there could be        ducer, said it has received letter of  discussions  with  6  to  8  global  fi rms  but we will have to fi rst determine the
                                         site licenses or mining leases in such  immediate reservation of the block for   intent (LoI) from the Ministry of Mines  to  carry out exploration  and  mapping  reserves and their commercial viability,
          The Ministry of Mines, in coordi-  zones,” the rules state.     national use.                              for one of the fi rst potash blocks in the  activities  across three  of its critical  before  tech  tie-ups  are  explored,”  he
       nation with the Department of Atomic                                                                          country. The company secured the block  mineral blocks covering REE in UP,  said. “We are in talks with global entities
       Energy  (DAE),  notifi ed  the  “Offshore   These new rules replace  earlier   Crucially, the government reserves   under  Tranche  V of e-auction by the  potash in Rajasthan and tungsten in AP.  to tap into these blocks for exploration
       Area  Atomic Minerals Concession  frameworks and create a detailed legal  the right to revoke or deny licenses if   Central Government in the month of                            and feasibility studies,” Misra added.
       Rules, 2025” recently.  The new rules  regime for the grant of exploration and  discoveries are deemed strategically   May 2025.                   Global  tenders  have  been  fl oated
       will regulate  the award of explora-  production rights  of  atomic minerals  sensitive or exceed the threshold grade.                          and fi nalisation of one or multiple enti-  According to him, de-risking is
       tion licenses and production leases for  found in offshore areas.  The Central Government has been em-           Hindustan Zinc had recently also  ties is likely by September, according  being carried out with the company’s
       atomic minerals in the country’s terri-                            powered to directly acquire such sites.    received LoI from the UP government  to Arun Misra, the company’s MD and  upcoming fertiliser plant of around 0.5-
       torial waters and Exclusive Economic  Exploration licences         In such cases, compensation to original    for a Rare Earth Elements (REE) block.  CEO.                        million tonnes (mt) per annum at Chan-
       Zone (EEZ).                         Foreign fi rms are effectively barred  explorers may be provided based     With this, the company has now secured                              deriya in Chittorgarh district of Rajasthan
                                         from  direct participation unless  sub-  on incurred expenses, a mechanism   three critical mineral blocks, including   He said a decision on cost and busi-  expected to operational soon.
          The  new framework establishes  contracted under highly restrictive  expected to  deter  speculative activity   the tungsten and associated minerals  ness cases will be decided once feasi-
       strict conditions for reconnaissance,  guidelines, and only with prior secu-  by private parties.             block in  Andhra Pradesh.  These LoIs  bility studies are through. A minimum   The allotment  of the  potash block
                                                                                                                     grant Hindustan Zinc a composite  of two years is being looked at, before  would help fertiliser  production, he
       SECURING SUPPLIES                                                                                             licence, which includes rights for both  detailed fi ndings are made available.   said.
                                                                                                                     prospecting and mining.
       Over 8.5-mt of rare earth mineable reserves across                                                                                              Rajoo Engineers to raise Rs. 180-crore
                                                                                                                        The  newly  awarded potash block
       States: Government                                                                                            is located in the Hanumangarh district   via QIP for inorganic growth
                                                                                                                     of Rajasthan, covering an area of over
          India holds 7.23-million tonnes (mt)  1.29-mt of rare earth  element oxide  oxide (REO) contained  in 13.15-mt   1,800 hectares.                Rajoo Engineers, a manufacturer of  the company will utilise Rs. 160-crore
       of rare earth elements oxide (REO) in  has been found in  hard rock deposits  of monazite, a mineral of thorium (10                             plastic extrusion machinery, plans to  for inorganic  expansion  to accelerate
       13.15-mt of monazite deposits across  in Gujarat and Rajasthan. The numbers  percent ThO ) and rare earths (55 per-  Potash is a key mineral in the ferti-  raise  Rs.  180-crore  through  Qualifi ed  growth, and the remaining  proceeds
                                                                                     2
       Andhra Pradesh, Odisha, Tamil Nadu,  are  now  signifi cantly  higher  than  the  cent REO) occurring in coastal beach,   liser industry used to produce NPK ferti-  Institutional Placement (QIP).  will be allocated for general corporate
       Kerala, West  Bengal,  Jharkhand,  earlier estimates of 6.99-mt. Incentive  teri/red sand  and  inland alluvium,”   lisers. At present, India imports 100% of                     purposes, it stated.
       Gujarat and Maharashtra, G.K. Reddy,  schemes are also being worked out to  the Minister informed. “As  per DAE   potash primarily from Canada, Belarus,   The company has informed  that
       Union Minister of Mines,  informed  aid processing of these minerals.  (Department of Atomic Energy), mining   Jordan, and South Korea. The successful  its board has approved the issuance of   The company specialises in blown
       the Rajya Sabha recently.                                          is feasible for these resources,” he added.   auction of the country’s fi rst potash &  equity shares at a fl oor price of Rs. 114.42  fi lm lines, sheet extrusion lines, thermo-
                                           “[There are] 7.23-mt approxi-                                             halite blocks marks a major step towards  per share. Its share price closed at Rs. 131  forming machines and PVC pipe extrusion
          According  to him,  an additional  mately  of in-situ rare  earth  elements   Rare earth elements are primarily   self-reliance in fertiliser minerals.  on  July 14.  Of  the overall proceeds,  solutions.


       142                                                                      Chemical Weekly  July 29, 2025       Chemical Weekly  July 29, 2025                                                                  143


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