Hindustan Zinc’s Post

Examining case studies from Jharkhand, Odisha and Karnataka, Karthik Bansal & Ishita Kapoor uncover procedural challenges hindering efficient clearance processes in the #Indianmining sector. The paper emphasises the need for a robust regulatory framework to mitigate environmental and social costs associated with mining activities. The paper advocates for reforms such as pre-embedded clearances, a more robust social impact assessment, and single-window processes. These reforms aim to streamline regulations and promote #sustainablemining practices, bridging the gap between #policy and implementation to facilitate the sector's long-term growth. https://lnkd.in/dv4-u7Ux

Join our esteemed panelists for a thought-provoking discussion on 'Regulatory and Policy Changes in Metals and Mining: Balancing Environmental and Economic Concerns and Way Forward' at the #ETMiningMeet. Key Takeaways: Gouranga Sen, Group Head - Economic & Policy Analysis, Vedanta Group "Instead of progressive bidding, there can single single-stage bidding for mine auction. There is a need for segregating serious players and non-serious players in the bidding process." Suresh Chandra Suman, Director, Mines, NLC India Limited "Auction of mines brings a lot of transparency. The process is beneficial for states such as Jharkhand and Chhattisgarh" vimal Vimalkantshukla, General Manager, Central Coalfields Limited "Coal remains the cheapest source of power generation. About 1.5 billion tonnes of coal will be produced by 2030" Navneet Kumar, Head- Business Development & Operations, Skill Council for Mining Sector "The auction process should continue. India is a growing economy, hence the government needs to generate funds from the auction of mines" Megha Manchanda, Editor, ETInfra, The Economic Times (Moderator) Know More: https://bit.ly/41NAH8K #ETInfra #MiningRevolution #MetalsIndustry #SustainableMining #FutureOfMining #MineralResources #IndustryLeaders #MiningTrends #GlobalMiningForum

Controversial Mining Baron Gali Janardhan Reddy's Grand 'Homecoming' to BJP Raises Eyebrows, Highlights Party's Ballari Battleground Strategy.   Gali Janardhan Reddy, a former BJP leader and mining baron accused of illegal mining, has merged his own political party with the BJP ahead of the Karnataka assembly elections. His return to the BJP, dubbed his "ghar vapsi" (homecoming), was not warmly welcomed by everyone, including his former close associate B. Sriramulu who is contesting from Ballari.   Reddy's induction is seen as the BJP's strategy to recapture the Ballari region, even if it means embracing controversial figures like him to get votes. There are questions about whether the BJP is providing protection to Reddy from pending illegal mining cases against him in exchange for his support.   The move has drawn criticism from the Congress party over the BJP's alleged connections to the illegal mining racket in Ballari under Reddy's earlier tenure. Reddy claimed he joined without pre-conditions, but his reunion with the former Ballari mining lobby leaders like Sriramulu has raised doubts over backroom deals.   https://lnkd.in/gDZMdiRr ✍: #ShyamSundarVattam   #GaliJanardhanReddy #BJPHomecoming #MiningBaron #BallariBattleground #IllegalMiningScandal #BJPKarnatakaPolls #ReddySriramulu #ControversialInduction #VoteBank #BackroomDeals #QuidProQuo #MinerLobby #YediyurappaCoterie #BalanceOfPower #KarnatakaElections2023 #Karnataka #India #India2024 #Politics #PoliticalNews

Chainflux is a digitization partner, however we also see ourselves as a "net-zero" partner, helping organizations move towards net-zero by monitoring and offsetting their carbon footprint. We are establishing a suite of net-zero digital products, two of which are an AI based sustainability reporting solution and a voluntary carbon exchange. #carbonemissions #carbonfootprint #carboncapture #carboncredits #directaircapture

India's gold imports surged by 30% to USD 45.54 billion during 2023-24 due to strong domestic demand, according to government data. India's Archean and Proterozoic terrains, in states like Karnataka, Andhra Pradesh, Rajasthan, Tamilnadu, Jharkhand and Indian Himalayan region states, hold #gold deposits and have potential. India's growing demand for #gold, coupled with its limited domestic production, necessitates an increase in the auction of gold deposit blocks. This may: #Reduce reliance on imports. #Attract foreign and domestic investments in the mining sector. #Enhance the domestic supply chain and infrastructure. #Generate employment and stimulate regional economic growth. #gold #minerals #exploration #mining #prospecting

What's the underrated key driver of the mining industry? It's none other than: Logistics. Being rich in resources means nothing if a company doesn't have good infrastructure and logistics in place – or else Africa would have been the biggest player in mineral exports. 👉A mining company can only thrive and expand if the logistics are right and at a reduced cost. Bathwal Corporation has crossed substantial landmarks only because of this.✅ The logistics sector in India has witnessed a massive transformation in the last 10 years because of these 3 key factors👇 1/⁠ ⁠𝐈𝐧𝐝𝐢𝐚'𝐬 𝐞𝐯𝐞𝐫-𝐞𝐱𝐩𝐚𝐧𝐝𝐢𝐧𝐠 𝐫𝐨𝐚𝐝 𝐧𝐞𝐭𝐰𝐨𝐫𝐤 Which is now the second largest in the world and rapidly expanding by 59%, all thanks to the Govt. Of India’s Ministry of Transportation, and the Hon’ble Minister of Road Transport and Highways, Mr. Nitin Gadkari. 2/⁠ ⁠𝐆𝐫𝐞𝐚𝐭 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐩𝐚𝐫𝐭𝐧𝐞𝐫𝐬 Accessibility to state-of-the-art ports and ultra-modern terminals with efficient equipment, made possible by quality players like our partner - Adani Ports 3/ ⁠𝐓𝐡𝐞 𝐫𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐚𝐫𝐲 𝐆𝐏𝐖𝐈𝐒 𝐒𝐜𝐡𝐞𝐦𝐞 Which made it possible for investors like us to buy train rakes, was a breakthrough in the supply chain system of mining companies – something that never happened in the country before. ---------- 👉High logistics costs have always been the biggest challenge in the mining industry, with companies struggling with low-profit margins. With path-breaking schemes by the Govt. like the GPWIS, The future looks to be evolving for the better, one transformative change at a time.✨ What's your perspective? #logistics #mining #miningcompany #bathwalcorporation

EP Briefs | The Economic Post | The Economic Club of India Consolidated revenue from operations for the quarter stood at ₹34,937 crore, down 6% YoY over ₹37,225 reported by the company in Q4FY23. #vedanta #growth #company #construction #mining #future #investing | Catch the day's latest news here ➟ https://lnkd.in/dF7mTeAK

Can countries generate economic growth while being socially and environmentally just? In a case study by author Xavier Jeyaraj S, read what happens when a poorly funded indigenous peoples movement stands up to a wealthy coal mining company in India. In the north-eastern Indian province of Jharkhand, the tribal Adivasis people formed the “Save the Rajmahal Hills Movement” in resistance to the acquisition of their native lands by the coal mining conglomerate PANEM Coal Mines Ltd. When a deal was struck between the people’s movement and the mining company the promise of compensation gave the movement hope. However, the best intentions and promises are still insufficient when it comes to two clear unequals. To find out more and read the case study in full, click the link in bio.

*Global Profile of India in the Metallic Minerals(Iron Ore and Other Minerals Production) Sector* India produces 87 types of metallic and non-metallic minerals Mining accounts for roughly 2.3 percent of India’s GDP in 2022-23. Top private companies are JSW Steel (12.5 percent), Tata Steel (11.5 percent), Rungta Mines (5.6 percent), and Vedanta and Arcelor Mittal India Pvt. Ltd with 2 percent share. In India, there are 1319 reporting mines largely concentrated in 7 major states in 2021-22. Of these, 97.04 percent mines are located in seven states, namely Odisha, Chhattisgarh, Rajasthan, Karnataka, Jharkhand, Madhya Pradesh and Maharashtra. #metalproducts #iron #mineralprocessing #indianeconomy #industryleaders

The #Himalayan region is renowned for its rich #mineral resources, and recent #explorations have brought attention to its potential #lithium deposits. The Indian Himalayan region, inspired by the lithium discovery in a Jammu & Kashmir region, presents a promising frontier for lithium exploration. Strategic investments in geological #prospecting & exploration surveys, suitable mining and mineral processing technologies, and supportive regulatory frameworks can unlock the region's potential, contributing significantly to India's energy independence and green energy ambitions.