CRITICAL MINERAL
What are Ukraine's critical minerals and what do we know about the deal with US
Ukraine and the U.S. have signed a deal granting the U.S. preferential access to Ukrainian mineral deals and funding for reconstruction. Ukraine possesses significant deposits of critical minerals like lithium, rare earths, and graphite, essential for various industries. However, much of Ukraine's resources are now under Russian control due to the ongoing war, posing challenges for development.
Human skull on Mars? What did NASA just discover on the red planet
NASA's Perseverance rover found a skull-shaped rock on Mars in Jezero Crater. Scientists call it Skull Hill. It is likely a 'float rock' moved by natural forces. Analysis suggests it is an igneous rock, not a meteorite. Its pitted surface tells about Martian history. This discovery adds to the ongoing search for Mars' secrets.
Pakistan Human Rights Commission highlights decline in civic freedoms, deteriorating law and order
The Human Rights Commission of Pakistan's 2024 report reveals a decline in civic freedoms, compromised elections, and a rise in terrorist incidents, particularly in Khyber Pakhtunkhwa and Balochistan. State-sanctioned violence persisted, with enforced disappearances and extrajudicial killings reported. Blasphemy accusations led to imprisonments and violence against minorities, while restrictions on freedom of expression and assembly intensified, highlighting challenges to dissent.
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US-Ukraine Minerals Deal: US and Ukraine ink strategic minerals deal after long delay
US and Ukraine Minerals Deal: The United States and Ukraine have signed a long-negotiated investment deal granting Washington access to Kyiv’s critical mineral reserves. This agreement, framed as part of a broader peace strategy, comes as the war with Russia continues into its third year with no resolution in sight. The deal creates a joint fund to attract global investment, as both countries attempt to balance military and economic concerns. Meanwhile, Russian attacks on Ukrainian cities continue, with civilian casualties rising sharply, according to a new UN report.
US threatens to quit Russia-Ukraine effort unless 'concrete proposals'
Secretary of State Marco Rubio warned on Tuesday that the United States would give up on mediation unless Russia and Ukraine put forward "concrete proposals," as US patience wanes on an early priority for Donald Trump. The United States already put together a framework proposal which Ukrainians feel bows to Russian demands.
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Ford extends olive branch; Ontario premier seeks unity despite Conservative MP's criticism
Ontario Premier Ford chooses unity over conflict, despite Conservative MP Jivani's criticism. He prioritizes tackling U.S. tariffs and seeks cooperation with the Liberals on trade and infrastructure projects. Ford emphasizes national unity and provincial collaboration in the face of economic challenges
How Trump helped Carney's Liberals march to power, signaling shift against global populism
Mark Carney's Liberals triumphed, fueled by anti-Trump sentiment and promises of diversifying international ties. Poilievre's Trump-aligned campaign faltered, reflecting a potential global trend against populism. Smaller parties collapsed, consolidating power, and raising questions about minority government formation
Hindustan Zinc shares rise over 3% after Q4 profit grows 47% YoY to Rs 3,003 crore, Nuvama cuts target price
Hindustan Zinc shares rose after Q4FY25 EBITDA beat estimates, driven by strong volumes and lower production costs. Nuvama cut the stock’s target price slightly, citing lower volume growth expectations. Meanwhile, Hindustan Zinc is expanding beyond zinc, lead, and silver into potash, gold, tungsten, and critical minerals, with an eye on lithium prospects in Rajasthan.
Vedanta group firm HZL plans to foray into potash mining; eyeing block in Rajasthan
Hindustan Zinc Ltd (HZL) is diversifying into potash mining, targeting a Rajasthan block with potential lithium reserves, aiming to reduce India's import dependence. The company plans to expand beyond zinc, lead, and silver into critical minerals, securing gold and tungsten blocks. HZL reported a 47.3% increase in net profit, driven by record metal volume and lower production costs.
G Kishan Reddy urges mining sector to recover critical minerals for green tech, advanced alloys
Union Minister G Kishan Reddy urges mining sector to recover critical minerals. He spoke at 'Steel India 2025' in Mumbai. Reddy highlights India's steel production goals under PM Modi. The aim is 300 MT capacity by 2031 and 500 MT by 2047. He stresses timely use of greenfield mines and streamlined clearances.
'Vedanta is going to focus more on critical minerals': Priya Agarwal Hebbar
Vedanta is intensifying its focus on critical minerals and energy transition metals through strategic M&A and technological advancements. The company is actively seeking inorganic opportunities to expand its portfolio, aligning 70% with transition metals and clean energy. With sustainability at its core, Vedanta aims for net-zero emissions by 2050, driven by renewable energy initiatives.
US seeks India trade deal on e-commerce, crops and data storage, Bloomberg News reports
The terms of reference for a bilateral deal, which was finalized by both sides this week, includes trade in goods as well as services, the report said, citing people familiar with the matter said.
Trump signs order to ramp up US deep-sea mining
Donald Trump's administration takes a controversial step. It expands deep-sea mining for rare earth minerals. This move aims to boost the US economy and counter China. Environmental groups express concerns about ecological damage. The US relies on a 1980 law for seabed mining permits. The order expedites the review process for exploration licenses.
Pahalgam terror attack shows Pakistan's calculated diplomacy-terror operation
A terror attack near Pahalgam, claimed by a Lashkar-e-Taiba offshoot, killed 26, highlighting Pakistan's alleged support for terrorism amid economic overtures to the US. Victims were forced to recite Islamic verses, revealing a chilling religious dimension. The incident, coinciding with strategic visits, signals a potential attempt to internationalize the Kashmir conflict and underscores the risks associated with abandoned US weaponry.
H-1B visa under scrutiny as Trump administration ramps up vetting and enforcement
The H-1B visa program, crucial for skilled foreign workers, faces increased scrutiny under the Trump administration. Unexpected biometric data requests and visa revocations have created uncertainty among applicants and legal professionals. This shift signals a broader focus on legal immigration, sparking debate over the program's impact on American workers and the economy.
Vance sees F-35 sales as natural fit amid regular military drills
US Vice President JD Vance, during his India visit, advocated for deeper strategic ties, including potential F-35 sales, following finalized terms for a comprehensive trade pact aiming to double bilateral trade to $500 billion by 2030.
India, US hard at work on trade deal, New Delhi must drop some non-tariff barriers: JD Vance
U.S. Vice President JD Vance urged India to reduce non-tariff barriers to facilitate a comprehensive trade agreement, emphasizing deepened economic and strategic cooperation. Vance highlighted the U.S. interest in expanding energy exports, assisting in offshore gas exploration, and enhancing defense collaboration with India. Both nations share strategic concerns in the Indo-Pacific region.
Anil Agarwal’s $11 billion reset: Vedanta gears up for big breakup
Indian billionaire Anil Agarwal is finalizing a breakup of Vedanta Ltd. to reduce its $11 billion debt and sharpen focus on individual businesses. The conglomerate will list its aluminum, oil & gas, power, and iron & steel divisions separately.
Trump rejects 'failed' ideas that claim New Delhi, US cannot grow; India won't be held back, says JD Vance
During his visit to India, US Vice President JD Vance emphasized strengthening US-India relations, rejecting past notions that the two nations cannot thrive together. He stated, "Trump wants America and India to grow," and acknowledged previous condescension from US administrations. Vance affirmed that India will not be held back and highlighted a desire for mutual growth and collaboration.
Italy expands wings in Central Asia aiming to emerge as key global player
Italy is increasing its presence in Central Asia, particularly Kazakhstan, aiming to become a European power center. Prime Minister Meloni will visit Kazakhstan, followed by the first Central Asia-Italy summit to strengthen strategic partnerships. Trade between the two nations is robust, with many Italian companies operating in Kazakhstan's resource-rich market.
Gold hits record high on weak dollar, trade war woes
Gold prices surged to a record high as the dollar weakened and trade war tensions escalated, fueling recession concerns and driving investors towards the safe-haven asset. The U.S. is considering tariffs on critical mineral imports, further straining global trade relations. Despite rising prices, physical gold demand remained subdued in India, while premiums held steady in China.
China's export controls are curbing critical mineral shipments to the world
China's export controls on antimony, germanium, and gallium are substantially impacting global supply chains. Shipments have plummeted, especially to Europe and the U.S., causing prices to surge. This reflects Beijing's growing control over critical mineral resources, raising concerns about access to these vital materials for clean energy, chipmaking, and defense sectors.
The US has a single rare earths mine. Chinese export limits are energizing a push for more
Following China's export restrictions on rare earth elements, crucial for military and high-tech applications, U.S. companies are expressing concerns. MP Materials halts ore shipments to China due to tariffs, while the U.S. government seeks to boost domestic mining to reduce reliance on China. Automakers and defense contractors are assessing the potential impact of price increases and supply chain disruptions.
Gold price today drops big. Why has gold rate recorded sharp fall from historic high?
Gold prices surged 3.6 per cent on Wednesday, driven by U.S. President Donald Trump's order to open a probe into potential tariffs on all critical mineral imports.
This is massive! China now faces up to a 245% tariff on exports to the U.S. as a result of its retaliatory actions; here's how Americans could be impacted
The United States has escalated trade tensions with China by imposing a 245% tariff on imports. President Trump has initiated an investigation into national security risks stemming from US dependence on imported critical minerals. The probe aims to assess supply chain vulnerabilities and potential trade remedies to secure domestic access to essential materials, particularly in light of China's export restrictions.
Trump orders tariff probe on all US critical mineral imports
President Trump has initiated a probe into potential tariffs on critical mineral imports, addressing U.S. reliance on nations like China. The order, under Section 232 of the Trade Expansion Act, examines market dynamics for minerals like cobalt and rare earths. This move follows China's export restrictions on rare earths and prior actions weaponizing mineral dominance.
India extends auction for deep-sea blocks containing critical minerals
India has extended the auction deadline for deep-sea mineral blocks, crucial for electric vehicle batteries, to May 1, due to requests from companies seeking more time for block assessment. This move aims to encourage broader participation, despite opposition citing environmental concerns and protests from fishing communities. India seeks to secure critical minerals for its ambitious renewable energy goals.
The hidden rare earth metals behind missiles: How China is weaponising the world’s supply chains
Donald Trump’s soaring tariffs on China have sparked a critical minerals standoff, with Beijing striking back by restricting exports of rare earth elements vital to America’s defence and tech industries. While Trump champions a self-reliant minerals policy, China’s dominance in rare earths and magnet production gives it enormous leverage. As supply chains buckle and prices rise, Washington’s plans for domestic mineral independence face serious headwinds—from volatile markets to investor uncertainty and geopolitical brinkmanship.
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