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THIS AFTERNOON: USD 1 bn fund to subsidize ATF as airlines cut routes + Bond taxes scrapped to draw foreign capital
Plus: Incentives for nickel and lithium
Investors are piling into mining and metals
Inflows into the assets, which are powering AI, defense, and energy, are on the up
Lohum builds Sharjah base to secure battery materials for India
The Sharjah facility will process lithium-ion into black mass and ship it to India, as Lohum builds a cross-border feedstock…
India enters US-led Pax Silica technology alliance
India joins a US-led technology coordination platform spanning critical minerals, semiconductors, and AI, with the UAE and Qatar already part…
Government launches scheme to promote magnet manufacturing in India
The program is aimed at securing domestic supply to make up for China’s export controls
Policy moves on exports and critical minerals. Plus: News from Ashok Leyland, Ajman NuVentures, AirTrunk
Plus: News from Ashok Leyland, Ajman NuVentures, AirTrunk