'Both initiatives are welcome moves and we would commit ourselves with focused attention aligned with the national priorities, and pursue our exploration initiatives.'
In a significant move to enhance its strategic resource security, India has officially released its first-ever critical minerals list, identifying 30 key critical minerals crucial to the nation's economic growth and technological development. This pioneering step aims at reducing import dependence, enhancing supply-chain resilience, and supporting the country's net-zero objectives. Union Minister Parliamentary Affairs, Coal and Mines Pralhad Joshi, while releasing the Critical Minerals for India report in New Delhi on Wednesday, said, "India is readying for an Atmanirbhar Bharat."
Budget has hiked customs duty on all ores and concentrates from 2 per cent to 2.5 per cent.
The common examples of alloy steel are Stain less steel, Silicon Electrical steel and High Speed Steel.
The govt has hiked customs duty for metallurgical coke.
When it comes to steel production, some countries have a clear lead.
The magnetic superatom -- a stable cluster of atoms that can mimic different elements of the periodic table -- may have potential biomedical applications such as sensing, imaging and drug delivery. The study, led by Shiv Khanna, physics professor, Virginia Commonwealth University along with collaborators at the Harish-Chandra Research Institute, Allahabad and Naval Research Laboratory in the US, was published in Nature.
After an intense battle of nerves, the world's cheapest steel-maker Tata seems to have outrun the world's biggest steel-maker Mittal in the race to acquire South Africa-based Highveld Vanadium and Steel.
The company aims to make Lanjigarh refinery the first zero-based refinery in the world.
Industry demands the basic customs duty on all steel imports to be raised to 25%
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