India’s Budget’25 Unleashes a Mining & Infra Boom! and Massive Job Alert 

The Union Budget just dropped, and it’s basically Santa Claus for the mining and infrastructure sectors! 🎅💎 With a strong push for “Make in India for the World”, fresh tax perks for the middle class, and new mining policies, the government is basically saying: “Let’s build, dig, and prosper!” 🏗️⚒️

📢 Massive Job Alert!
The Geological Survey of India (GSI) is on a hiring spree—6,000+ MIP positions, but only 4,500 filled. The ministry just added another 2,000 posts (total: 8,676)! Geologists and miners, it’s time to dust off those CVs! 🔍⛏️
And it’s not just GSI—IBM (not the tech giant, the mining one) is 800 vacancies short, and with the sector booming, expect even more opportunities in both government and private companies. As mining blocks keep increasing through auctions, the private sector is gearing up for a hiring marathon too! 🏃💼

The table showing category-wise details of sanction & filled up strength in GSI as on FY24.

🌍 Critical Minerals? We Got This!
The government is rolling out a policy to recover critical minerals from mining by-products. Translation? We’re turning leftovers into gold—literally! 💎✨

With this, here are the key news highlights of the week—
–         India’s bauxite mining sector witnesses robust growth; China plans alumina refinery in Guinea
–         Centre signed pacts to start coal mining in Meghalaya after 10 years:
–         Govt to Bring Out Policy to Recover Critical Minerals from By-products of Mining
–         JSW Group announced an investment of Rs 2,600 crore to develop and operate two copper mines, along with establishing a copper concentrator plant in Jharkhand
– Govt proposes new sand mining policy: A clearance from the environment department will be required upon completion of two years for sand mining, rather than every year as is currently required.

India’s Bauxite Mining Sector Witnesses Robust Growth; China Plans Alumina Refinery in Guinea

India’s bauxite mining sector is experiencing significant growth, driven by increasing domestic demand for aluminum and government policies supporting mineral production. This expansion aligns with the rising global need for aluminum, a key metal in infrastructure, automotive, and renewable energy sectors. Meanwhile, China has announced plans to set up an alumina refinery in Guinea, leveraging the country’s rich bauxite reserves. This move is expected to strengthen China’s position in the global aluminum supply chain while potentially impacting bauxite exports to other nations, including India.

Centre Signs Pacts to Restart Coal Mining in Meghalaya After 10 Years

After a decade-long halt due to environmental concerns and regulatory challenges, coal mining in Meghalaya is set to resume. The central government has signed agreements to restart mining activities under revised guidelines ensuring scientific and sustainable mining practices. This development is expected to boost the local economy, create employment opportunities, and enhance the energy security of the region. The renewed focus on coal mining comes as part of India’s broader strategy to balance energy needs with environmental conservation.

Govt to Introduce Policy for Recovering Critical Minerals from Mining By-products

Recognizing the strategic importance of critical minerals in sectors such as electronics, defense, and clean energy, the government has announced plans to formulate a policy for extracting these valuable minerals from mining by-products. This initiative aims to reduce India’s dependence on imports, promote circular economy principles, and maximize resource utilization. The policy is expected to support domestic industries by ensuring a steady supply of essential minerals like lithium, cobalt, and rare earth elements, which are crucial for advanced technologies, including electric vehicles and battery storage.

JSW Group to Invest ₹2,600 Crore in Copper Mining

JSW Group has unveiled a ₹2,600 crore investment plan to develop and operate two copper mines, reinforcing its commitment to expanding India’s mineral resource base. This investment is a strategic move to secure domestic copper supply, a metal essential for electrical infrastructure, renewable energy, and industrial applications. The development of these mines is expected to strengthen India’s position in the global copper market while contributing to self-sufficiency in critical mineral production.

These developments reflect India’s growing focus on strengthening its mineral sector to support economic growth, industrial expansion, and global competitiveness.
Reference- business-standard, livemint.com, news18 etc.