Page 143 - CW E-Magazine (29-7-2025)
P. 143

Top Stories                                                                        Top Stories


 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


                                      Contents    Index to Advertisers    Index to Products Advertised
   138   139   140   141   142   143   144   145   146   147   148