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Business Standard
7 hours ago
- Business
- Business Standard
GSI team to visit Zambia to map and explore copper blocks this week
A five-member team of the Geological Survey of India (GSI) and Mineral Exploration and Consultancy Limited (MECL) will visit Zambia this week to map and explore copper blocks, a top official said. This is part of India's national critical minerals mission (NCMM), which aims to extend support to Indian public and private sector companies for mapping and exploration of critical mineral assets in resource-rich countries. Critical minerals are essential for clean energy technologies like solar panels, wind turbines, electric vehicles (EVs), and energy storage systems. India heavily depends on these imports to meet its domestic needs for lithium, cobalt, and nickel. The demand for these minerals is estimated to more than double by 2030. 'A few days ago, we finalised our Zambia visit. A team of five geologists, including one from MECL, has left for Zambia for mapping and taking the exploration to the next level. The focus is on their copper at this moment, but we will see what else we can find once we are there,' GSI director general Asit Saha told Business Standard in New Delhi. 'The block size is around 9,000 square km. We will be working over a period of three years. It is a reconnaissance visit to set up logistics on ground and the area will be finalised later,' he added. The Zambian government agreed to give 9,000 square km to India for exploration of cobalt and copper, mines Secretary V.L. Kantha Rao had said at a press conference in February. India is exploring mining of critical minerals in Zambia, Congo and Australia, Rao said. It aims to secure raw materials such as lithium under the NCMM. In January, India launched the NCMM to establish a robust framework for self-reliance in the critical minerals sector. Under this mission, the GSI has been tasked with conducting 1,200 exploration projects from 2024-25 to 2030-31. However, the GSI head said that the number of exploration projects will be more than 1200. The Kolkata-headquartered GSI had said in January that it charted an extensive roadmap for the 2025-26 field season with around 1,065 scientific programmes. They include 402 mineral development projects and a 16 per cent jump in the number of critical mineral initiatives. The government approved ₹163 billion ($1.88 billion) to develop the critical minerals sector. All these started with lithium in Jammu and Kashmir. The government, in February 2023, found its first lithium deposits there with estimated reserves of 5.9 million tonnes. It failed to get any bids to auction mining rights in the state. In November 2022, India identified 30 critical minerals, including lithium, as critical for its energy transition efforts and to meet the growing demand from industries and the infrastructure sector.
News18
30-05-2025
- Business
- News18
Job Alert! Apply For Young Professional Posts At MECL: Check Eligibility, Salary And More
Last Updated: MECL Young Professional Recruitment 2025: Apply online at the official website until June 12, 2025. MECL Young Professional Recruitment 2025: The Mineral Exploration & Consultancy Limited (MECL), a Mini-Ratna-I Central Public Sector Enterprise under the Ministry of Mines, Government of India, has opened applications for Young Professional positions on a Fixed Term Engagement (FTE) contractual basis. Interested and eligible candidates can apply online through the official website of MECL at until June 12, 2025. Young Professional (Geology): 12 posts Young Professional (Geophysics): 07 posts Young Professional (IT/SAP-ERP): 01 post Young Professional (Civil Engineering): 01 post Young Professional (Electrical Engineering): 01 post Young Professional (Materials): 02 posts Young Professional (Business Development & Marketing): 01 post Young Professional (Finance & Accounts): 01 post Young Professional (Medical Doctor): 01 post Maximum Age (UR Category): 35 years Eligibility requirements, including educational qualifications and experience, differ by post. Candidates must hold degrees/diplomas from UGC-recognized institutions and technical/professional courses approved by AICTE or the Government of India. Degrees acquired through Open and Distance Learning (ODL) are valid, provided they meet the regulatory requirements. Applicants are advised to carefully read the official notification for post-specific details. Step 2: Go to 'Career" page and click on the link to apply for young professional Step 3: Register yourself by entering your name, email and mobile number Step 4: Now login using your login ID and password Step 6: Pay the application fee and submit the application form Step 7: Download the confirmation page and save it for future reference Candidates must register on the portal and upload scanned copies of a passport-sized photo and signature in JPG/JPEG format. SC/ST/OBC-NCL/EWS candidates must take care while selecting the category, as changes won't be permitted later. Candidates will be shortlisted based on academic performance, relevant experience, and expertise. Shortlisted applicants will undergo document verification and a personal interview, to be held in Nagpur. Young professionals will receive a consolidated remuneration of Rs 60,000. Candidates must note that these FTE Young Professional positions are purely temporary. MECL reserves the right to terminate the contract at any point without assigning any reason. First Published:
Time of India
24-05-2025
- Business
- Time of India
MECL hunts lithium in Argentina, Australia to secure EV future
With lithium emerging as a critical mineral resource due to the electric vehicle surge, Nagpur-based public sector undertaking (PSU) Mineral Exploration and Consultancy Limited ( MECL ) is eyeing its deposits in Argentina and Australia. Formed in 1972, MECL is engaged in the exploration and establishment of a whole gamut of mineral reserves across the country. The PSU is now stepping out of the country looking for lithium, which has minimal deposits in India but is abundantly found in Latin America. The three countries - Argentina, Chile, and Bolivia - are known as the world's lithium triangle . The silverish white metal is in demand these days as it is an important component for making the batteries of electric vehicles. The MECL move comes at a time when China has begun searching for lithium in these countries, said sources. There was a time when mining companies considered lithium to be the least important mineral. "Our company is already carrying out exploration in an area of over 15,000 hectares in Argentina through Khanij Bidesh India Limited (KABIL), a joint venture of three PSUs. These include Hindustan Copper Limited (HCL), National Aluminium Company (NALCO), and MECL. The first phase of exploration is at an advanced stage," said MECL's chairman-cum-managing director Indra Narayan Dev. Apart from this, MECL is also looking forward to taking up exploration on an individual basis. MECL has signed a memorandum of understanding (MoU) with Argentina's province of Catamarca, which is rich in lithium, this financial year. It is also in talks with another provincial govt in Argentina for signing a similar MoU, Dev said. As MECL eyes taking up two additional exploration assignments in Argentina, the company is also exploring similar possibilities in Australia, said Dev. Lithium is found in groundwater reserves in Argentina and can be extracted through the brine process. Lithium extracted through brine is much preferred over the metal in solid form. The process is akin to drying seawater to get salt. A private company has bagged a lithium block in Chhattisgarh, where the deposits are found in solid form, said a source. Dev said once the reserves are established, India would be able to get an assured source of lithium. For its solo exploration ventures, MECL is considering various models of exploitation of the mineral so that India gets a share in the offtake, said the officer.
Time of India
24-05-2025
- Business
- Time of India
EVs demand rise, MECL explores lithium opportunities in Argentina and Australia
Nagpur: With lithium emerging as a critical mineral resource due to the electric vehicle surge, Nagpur-based public sector undertaking (PSU) Mineral Exploration and Consultancy Limited (MECL) is eyeing its deposits in Argentina and Australia. Tired of too many ads? go ad free now Formed in 1972, MECL is engaged in the exploration and establishment of a whole gamut of mineral reserves across the country. The PSU is now stepping out of the country looking for lithium, which has minimal deposits in India but is abundantly found in Latin America. The three countries — Argentina, Chile, and Bolivia — are known as the world's lithium triangle. The silverish white metal is in demand these days as it is an important component for making the batteries of electric vehicles. The MECL move comes at a time when China has begun searching for lithium in these countries, said sources. There was a time when mining companies considered lithium to be the least important mineral. "Our company is already carrying out exploration in an area of over 15,000 hectares in Argentina through Khanij Bidesh India Limited (KABIL), a joint venture of three PSUs. These include Hindustan Copper Limited (HCL), National Aluminium Company (NALCO), and MECL. The first phase of exploration is at an advanced stage," said MECL's chairman-cum-managing director Indra Narayan Dev. Apart from this, MECL is also looking forward to taking up exploration on an individual basis. MECL has signed a memorandum of understanding (MoU) with Argentina's province of Catamarca, which is rich in lithium, this financial year. It is also in talks with another provincial govt in Argentina for signing a similar MoU, Dev said. Tired of too many ads? go ad free now As MECL eyes taking up two additional exploration assignments in Argentina, the company is also exploring similar possibilities in Australia, said Dev. Lithium is found in groundwater reserves in Argentina and can be extracted through the brine process. Lithium extracted through brine is much preferred over the metal in solid form. The process is akin to drying seawater to get salt. A private company has bagged a lithium block in Chhattisgarh, where the deposits are found in solid form, said a source. Dev said once the reserves are established, India would be able to get an assured source of lithium. For its solo exploration ventures, MECL is considering various models of exploitation of the mineral so that India gets a share in the offtake, said the officer.
