Archive · 11 Aug 2025
India Proposes Mining Law Overhaul for Mineral Supply Chains
The Indian government is changing mining laws.
They plan to create a $1 billion fund to buy important minerals from other countries.
They will also set up online marketplaces to buy and sell minerals to make it easier and fairer for everyone.
A fund that finds minerals will be renamed and used to explore and develop mines and minerals, including outside of India.
Mining companies will contribute more to this fund.
The new laws will also make it easier to mine rare minerals and sell extra waste.
This aims to secure resources and boost the economy.
India plans a $1 billion fund for acquiring overseas mineral blocks.
The Mines and Minerals (Development and Regulation) Amendment Bill, 2025, was introduced.
The bill aims to establish mineral trading exchanges for transparent trade.
The National Mineral Exploration Trust (NMET) will become NMEDT, with expanded scope.
The bill also incentivizes extraction of critical minerals and addresses environmental concerns.
- Who
- The Union Government
- What
- The Indian government introduced the Mines and Minerals (Development and Regulation) Amendment Bill, 2025 to bolster the country's mineral sector and secure supply chains for critical resources.
- When
- The bill was moved in the Lok Sabha on Monday.
- Where
- India
- Why
- To bolster the mineral sector, secure critical mineral supply chains and secure overseas assets.
Potential Benefits
Potential Drawbacks
Acquisition of Mineral Assets & Market Regulation
Potential Benefits
Securing access to critical mineral resources and establishing transparent markets.
Potential Drawbacks
Risk of overspending and potential market manipulation concerns.
Waste Disposal
Potential Benefits
Generating revenue from mineral waste, reducing environmental hazards and enhancing mine safety
Potential Drawbacks
Potential environmental concerns related to waste disposal.
- Proposed Bill
- Mines and Minerals (Development and Regulation) Amendment Bill, 2025
- Fund for Overseas Acquisitions
- $1 billion
- Funding Source
- National Mineral Exploration and Development Trust (NMEDT)
- Royalty Increase
- From 2% to 3%
- Objective
- Secure supply chains for critical resources and establish mineral exchanges
Sources
India mulls setting up mineral and metal trading exchange, opens door for full mine sales
Mining law changes on cards to fund overseas critical mineral acquisition, allow dump sales: Report
