Welcome to Scoreclever ⏳ Current Affairs 🌏

  • 👉 Detailed daily current affairs on website
  • 👉 Crisp current affairs on daily PDFs
  • 👉 Easy memorization and revision with app

Recent Current Affairs related to Critical Minerals

5 News
3 June 2026 AGREEMENTS

Union Minister Piyush Goyal visited Canada to facilitate an economic reset and accelerate free trade negotiations. He led the largest-ever Indian business delegation to the country to fast-track the Comprehensive Economic Partnership Agreement (CEPA).

Both nations aim to finalize a balanced CEPA by the end of 2026. India and Canada have set a target to scale bilateral trade from $8.5 billion to $50 billion by 2030. During his visit, he held bilateral engagements in Ottawa, including a meeting with Canadian PM Mark Carney.

2 June 2026 AGREEMENTS

India and the USA have signed a framework titled “Securing of Supply in the Mining and Processing of Critical Minerals and Rare Earths” to secure the supply, mining, processing, and recycling of critical minerals and rare earth elements.

The agreement was signed on the sidelines of the 11th Quad Foreign Ministers Meeting in New Delhi. The US government is allocating over $30 billion through investments, loans, and public–private partnerships to strengthen critical mineral supply chains.

1 June 2026 INTERNATIONAL

The 11th edition of the Quadrilateral Security Dialogue (QUAD) Foreign Ministers’ Meeting (QFMM) was held in New Delhi, chaired by Union Minister S Jaishankar.

Major initiatives launched include the Indo-Pacific Maritime Surveillance Collaboration (IPMSC) and the ‘Quad Initiative on Indo-Pacific Energy Security’. India will host the second edition of the ‘Quad-at-Sea Ship Observer Mission’.

Under the Advancing Innovations for Empowering NextGen Agriculture (AI-ENGAGE) initiative, over $6 million in funding has been allocated to support 6 international research projects.

Additionally, the ‘Quad Critical Minerals Initiative Framework’ aims to mobilize up to $20 billion in investments from public and private sectors.

12 May 2026 INTERNATIONAL

The Asian Development Bank (ADB) has launched the Critical Minerals-to-Manufacturing (CMM) Financing Partnership Facility during the 59th Annual Meeting (AM) of the Board of Governors in Samarkand, Uzbekistan.

The facility includes a Grant Window (CMM Trust Fund) for early stage project preparation, supported by initial contributions of $20 million from Japan and $1.6 million from the UK. Additionally, a Catalytic Finance Window has been established for co-financing, with Korea Eximbank and the Korea Trade Insurance Corporation (K-SURE) signing initial memoranda worth $500 million as partners.

7 May 2026 NATIONAL

The Ministry of Mines has approved 58 companies as eligible participants under the “Incentive Scheme for Promotion of Critical Mineral Recycling” (IS-PCMR).

The scheme is a key initiative under the National Critical Mineral Mission (NCMM) with a total financial outlay of ₹1,500 crore. The initiative has attracted pledged investments worth ₹5,000 crore and aims to achieve a recycling capacity of 850 Kilo Tonnes Per Annum (KTPA).

Explore by Topic

Topics
Monthly Summary