Latest news with #GSITI
The Hindu
7 hours ago
- Business
- The Hindu
Reduce import dependence on Lithium and Cobalt with AI: Union Minister
Union Minister for Coal and Mines G. Kishan Reddy said India's future economic strength depends on reducing dependence on import of key minerals like lithium and cobalt through AI-powered, clean, and efficient exploration methods. Emphasizing the strategic importance of critical minerals, the minister urged geoscientists to embrace emerging technologies such as Artificial Intelligence (AI) and Quantum Computing for enhanced exploration, including predicting hidden mineral resources and interpreting seismic data with greater precision. He was speaking at the inauguration of the two-day 'Next-Gen Geophysics 2025: Unlocking Earth's Hidden Treasures' international conference organised by the Geological Survey of India Training Institute (GSITI), Bandlaguda-Nagole, here on Monday (June 9, 2025). India is entering a new era where science, sustainability, and technology will play a pivotal role in mineral exploration. There is also a need for innovation alongside collaboration with academia, and industry. Flagship initiatives like the ₹10,300 crore India AI Mission and the ₹6,000 crore National Quantum Mission could become catalysts for innovation, he said. Mr. Reddy highlighted the establishment of the National Landslide Forecasting Centre and a recent Memorandum of Understanding with Italy for enhancing disaster preparedness. He called for the expansion of monitoring networks and the adoption of cutting-edge forecasting technologies. Responsible mining practices The Minister stressed the importance of responsible mining practices that benefit local communities and protect the environment. He highlighted the vital role of geophysics in achieving the goals of 'Viksit Bharat' by providing innovative tools to address challenges such as climate change, urbanization, and disaster risk mitigation. Earlier in the day, Mr. Reddy, along with Malakjgiri MP Eatala Rajender, inaugurated two newly inducted Hydrostatic Drill Rigs, the next-gen geophysics expo pavilion, showcasing advanced geophysical tools and AI-enabled exploration models. GSITI's deputy director general S. Ravi, GSI DG Asit Saha, additional director S.D. Patbhaje, leading geoscientific experts from the country and abroad participated, as per a press release.
Zawya
06-02-2025
- Business
- Zawya
India and Saudi Arabia strengthen partnership in critical mineral sector
NEW DELHI - India and Saudi Arabia have agreed to enhance collaboration in the critical mineral sector. On Tuesday, Mines Minister G Kishan Reddy held a high-level meeting with Saudi Arabia's Minister of Industry and Mineral Resources, Bandar Ibrahim AlKhorayef, to discuss investment opportunities and explore new avenues for technological cooperation. A key outcome of the discussions was the designation of the Geological Survey of India Training Institute (GSITI) as a center of excellence under the Future Minerals Forum. The government highlighted that this initiative will enable specialized training programs for geologists from Saudi Arabia, Africa, and Central Asia, thus contributing to capacity building in the global mining sector. The talks also focused on building a more resilient mineral supply chain, with the goal of reducing dependency on imports. In addition, both sides emphasized the importance of promoting joint ventures for the processing of critical minerals that support clean energy technologies. They also discussed potential cooperation in adopting advanced mining technologies to ensure sustainable mineral exploration and extraction. This dialogue builds on India's participation at the Future Minerals Forum (FMF) 2025 in Riyadh, where Reddy underscored India's commitment to securing critical minerals that are essential for the energy transition and clean energy systems. During the forum, the minister also held discussions with representatives from Brazil, Italy, and Morocco to foster global partnerships. The government noted that this meeting marks an important step in India's efforts to develop international partnerships aimed at ensuring mineral security and promoting sustainable development, in line with the National Critical Minerals Mission (NCMM).
Arab Times
05-02-2025
- Business
- Arab Times
India and Saudi Arabia strengthen partnership in critical mineral sector
NEW DELHI, India, Feb 5: India and Saudi Arabia have agreed to enhance collaboration in the critical mineral sector. On Tuesday, Mines Minister G Kishan Reddy held a high-level meeting with Saudi Arabia's Minister of Industry and Mineral Resources, Bandar Ibrahim AlKhorayef, to discuss investment opportunities and explore new avenues for technological cooperation. A key outcome of the discussions was the designation of the Geological Survey of India Training Institute (GSITI) as a center of excellence under the Future Minerals Forum. The government highlighted that this initiative will enable specialized training programs for geologists from Saudi Arabia, Africa, and Central Asia, thus contributing to capacity building in the global mining sector. The talks also focused on building a more resilient mineral supply chain, with the goal of reducing dependency on imports. In addition, both sides emphasized the importance of promoting joint ventures for the processing of critical minerals that support clean energy technologies. They also discussed potential cooperation in adopting advanced mining technologies to ensure sustainable mineral exploration and extraction. This dialogue builds on India's participation at the Future Minerals Forum (FMF) 2025 in Riyadh, where Reddy underscored India's commitment to securing critical minerals that are essential for the energy transition and clean energy systems. During the forum, the minister also held discussions with representatives from Brazil, Italy, and Morocco to foster global partnerships. The government noted that this meeting marks an important step in India's efforts to develop international partnerships aimed at ensuring mineral security and promoting sustainable development, in line with the National Critical Minerals Mission (NCMM).
