Business
China’s grip on key minerals sparks US alarm; lawmakers demand swift supply-chain fixes
Washington, March 25: Top American lawmakers and experts have warned that the country’s heavy reliance on foreign critical minerals, especially those from China, poses a direct threat to national security, and called for urgent steps to build resilient domestic supply chains.
At a House subcommittee hearing on Wednesday, Congressman Paul Gosar said the “very security of our nation relies heavily on a steady input” of minerals essential for defence systems, electronics and advanced technologies. He pointed to copper, rare earths and lithium as key inputs for fighter jets, missiles and batteries.
Gosar warned that the US remains heavily reliant on imports. “We import half of our supply of 20 of the 60 minerals… and we are entirely reliant on the importation of 13,” he said, adding that China dominates global processing and refining capacity.
Lawmakers from both parties agreed that the supply chain vulnerability has strategic implications. Representative Jared Huffman said the issue was not just about resources but governance, alleging that billions in federal investments lacked transparency and oversight.
Expert witnesses told the panel that China has effectively “weaponised” mineral supply chains. Gracelin Baskaran said the key question was no longer whether China controls critical minerals, but how quickly the US can build alternative supply chains.
“The question is what the United States does about it,” she said, calling for coordinated industrial policy and stronger alliances to secure supply.
Geologist Simon Jowitt said the US has “huge unrealised mineral potential” but remains underexplored due to limited geoscientific data and slow permitting. He stressed that exploration is the foundation of any supply chain and can deliver significant economic returns.
Jowitt also underscored the need for a full domestic ecosystem. “There’s no point in just having mineral deposits without having an entirety of a supply chain,” he said, arguing that processing and refining must accompany mining to ensure security.
National security expert Abigail Hunter highlighted structural challenges, noting that supply chains take years to build while disruptions can occur “overnight”. She said China’s control over processing creates a “choke point” that allows it to influence global markets rapidly.
“Capacity must be built in advance,” Hunter said, warning that relying on imports during crises could leave US defence systems vulnerable.
At the same time, watchdog groups raised concerns about government investment strategies. Faith Williams said federal equity stakes in mining firms could create conflicts of interest and reduce transparency.
“Corruption or the appearance thereof is bad for business,” she said, cautioning that unclear rules could distort markets and increase costs for taxpayers.
Despite political divisions, there was broad agreement that critical minerals underpin both economic growth and military capability. Lawmakers cited their role in everything from semiconductors and smartphones to advanced weapons systems.
The hearing also highlighted the economic stakes. Mining contributes billions to the US GDP and supports nearly two million jobs, with wages significantly above the national average.
Experts said solutions would require a combination of domestic production, allied cooperation and demand-side policies. Baskaran urged creating a “market of 2.6 billion consumers” among US allies to counterbalance China’s dominance.
The issue has gained urgency amid rising geopolitical tensions and growing demand for minerals driven by clean energy, defence modernisation and digital infrastructure, placing supply chain resilience at the centre of US strategic planning.
Business
Centre okays Berth redevelopment at New Mangalore Port to boost maritime efficiency

New Delhi, March 30: The government has approved the proposal of New Mangalore Port Authority (NMPA) for the redevelopment of Berth No. 9 for handling liquid bulk cargo on a Public-Private Partnership (PPP) basis under the DBFOT model, it was announced on Monday.
The approval for implementation was conveyed on March 25, 2026, in a major step towards augmenting India’s port infrastructure and strengthening maritime logistics, according to the Minister of Ports, Shipping and Waterways.
With an estimated project cost of Rs 438.29 crore, the redevelopment will be undertaken by a private concessionaire selected through an open competitive bidding process (single-stage, two-envelope system).
The project will have a capacity of 10.90 MTPA, and the concessionaire will commit to a Minimum Guaranteed Cargo (MGC) of 7.63 MTPA by the 5th year of operations. The construction period is 2 years, with a concession period of 30 years, inclusive of construction.
The project envisages the dismantling of legacy infrastructure and comprehensive redevelopment of Berth No. 9 to handle liquid bulk cargo such as crude oil, petroleum products (POL), and LPG.
“As part of the modernisation, the berth draft will be enhanced from the existing 10.5 metres to 14 metres, with a future-ready design provision up to 19.8 metres, enabling the port to accommodate vessels up to 2,00,000 DWT, including Very Large Gas Carriers (VLGCs),” said the ministry.
“This transformative project is a reflection of the visionary leadership of Prime Minister Narendra Modi, under whom India’s maritime infrastructure is being modernised at an unprecedented pace,” said Minister of Ports, Shipping and Waterways, Sarbananda Sonowal.
By replacing ageing facilities with world-class marine infrastructure, enhancing cargo handling capacity to 10.90 MTPA, and enabling the handling of larger vessels including VLGCs, “we are positioning our ports to meet future energy and trade demands while strengthening India’s role as a global maritime leader”, he added.
The project will replace nearly 50-year-old structures with modern marine infrastructure designed for a 50-year structural life, ensuring long-term sustainability and resilience.
The enhanced capacity will strengthen the port’s ability to meet the growing regional demand for liquid bulk cargo, particularly energy commodities.
By enabling the handling of larger vessels and VLGCs, the project will improve economies of scale, reduce logistics costs, and enhance overall port competitiveness, said the ministry.
Business
Bharti Airtel Receives ₹1,74,000 Penalty Notice From DoT For Subscriber Verification Lapses

New Delhi: Bharti Airtel has disclosed a regulatory development involving a minor financial penalty tied to compliance checks on customer onboarding processes.
The Department of Telecommunications, Madhya Pradesh Licensed Service Area, has issued a notice imposing a penalty of Rs 1,74,000 on the company. The action relates to alleged non-compliance with subscriber verification requirements under telecom licensing conditions, as detailed in Annexure A on page 2.
The issue stems from a Customer Application Form audit conducted by the DoT for January 2026. These audits are carried out periodically to ensure telecom operators adhere to rules governing customer identity verification before activating services.
Under the license agreement, telecom operators are required to maintain strict verification processes when enrolling subscribers. The audit identified alleged gaps in meeting these standards, prompting regulatory action from the authority.
Bharti Airtel has decided not to contest the notice and will pay the penalty. The company clarified that the financial impact is limited to the amount levied, with no broader operational implications highlighted in the filing. The disclosure reflects routine regulatory oversight in the telecom sector, where periodic audits ensure adherence to compliance norms.
Business
Maharashtra Minister Nitesh Rane Announces AI Project For Mango, Cashew Farming In Sindhudurg With 400 Farmers In Pilot Phase

Mumbai, March 27: Maharashtra Fisheries and Ports Minister Nitesh Rane on Friday announced that an Artificial Intelligence (AI)-based project will be implemented to enhance mango and cashew cultivation in Sindhudurg district.
Initially, 400 farmers—200 each cultivating mango and cashew—will be selected for the pilot phase. The project aims to digitise farms by collecting basic data such as farmers’ names, contact details and village information. Based on the success of the initial phase, the initiative will be expanded to include more farmers.
The proposal was presented by experts from ADT Krishi Vigyan Kendra Baramati in the presence of agricultural scientists and officials, including representatives from Dr Balasaheb Sawant Konkan Krishi Vidyapeeth.
Under the project, sensors will be installed to monitor soil health, crop conditions and yield patterns. Farmers will receive training and awareness about AI technology through group-based sessions conducted over a 150-day initial phase.
The use of drones for pesticide spraying is expected to significantly reduce time from several days to just a few hours, ensuring quicker and more effective disease control. Additionally, AI-based predictive models will help detect crop diseases in advance, reducing excessive pesticide use and curbing black marketing.
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