Home/MARKETS/INDIA/Article
MARKETS

A.P. government targets ₹20,000 crore investment in rare earth mineral processing

Andhra Pradesh's government, under Minister Kollu Ravindra, is targeting more than ₹20,000 crore in investments for titanium and rare earth mineral processing. This effort is set to generate thousands of jobs and strengthen the state's mining sector, especially with commercial production of Jonnagiri gold project in Anantapur district on the horizon.

BRIC Team
BRIC Team
Jun 18, 2026 · 1 min read · 1 views
A.P. government targets ₹20,000 crore investment in rare earth mineral processing

Key Takeaways

  • Andhra Pradesh aims to attract over ₹20,000 crore in investments for titanium and rare earth mineral processing sectors.
  • The Jonnagiri gold project in Anantapur holds 13 tonnes of gold reserves and will soon enter commercial production.
  • Over the past two years, Andhra Pradesh granted 172 mining licenses from more than 1,700 applications received.
  • The state has auctioned 21 mineral blocks, resulting in 11 mining leases and 10 composite licenses issued.
  • Andhra Pradesh's free sand policy has supplied over 19 million metric tonnes of sand across 412 sand reaches.

Andhra Pradesh government aims to draw over ₹20,000 crore in investments for titanium sponge,titanium metal,rare earth mineral processing. Minister Kollu Ravindra announced this Thursday at Secretariat. He emphasized transparent policies attracting big players like JSW Steel,Vedanta,Hindustan Zinc.

Ravindra pointed to Andhra Pradesh's potential. Second-largest beach sand mineral deposits in India after Tamil Nadu. Minerals like ilmenite,rutile,zircon,garnet,titanium — valuable on global market. The goal? Turn these resources into wealth and jobs .

Big news for state's mining: Jonnagiri gold project in Anantapur district,with 13 tonnes of gold reserves,will soon start commercial production. Expected boost for region's mineral sector. Meanwhile,exploration for iron ore,limestone continues in 17 mineral blocks in Chittoor district.

Minister cited success of A.P . Minor Mineral Policy-2025. It's spurred investments,boosted government revenue. Last two years,more than 1,700 mining license applications,172 granted. Auction process for mineral blocks sped up per Mines & Minerals Development and Regulation Act. So far,21 blocks auctioned,resulting in 11 mining leases,10 composite licenses.

And government rolled out free sand policy . Supplied over 19 million metric tonnes of sand,established 412 sand reaches,238 stockyards across state. To tackle illegal mining,demand notices over ₹3,500 crore issued . Principal Secretary Mukesh Kumar noted potential gold sites found in four locations,including Chigurugunta in Chittoor,Ramagiri in Anantapur...

#Andhra Pradesh

Share this article

Related Articles

Tamil Nadu delegates high-rise building approval to CMDA, praised by CREDAI

Tamil Nadu delegates high-rise building approval to CMDA, praised by CREDAI

Tamil Nadu government has handed over planning authority for high-rise buildings to Chennai Metropolitan Development Authority. W.S. Habib, President of CREDAI Tamil Nadu, has welcomed this move. This reform seeks to simplify approval processes for real estate projects in Chennai and might inspire similar changes in cities such as Coimbatore and Madurai.

BRIC Team

Jun 18, 20260
Jet Airways auctions three Boeing 737 aircraft amid insolvency process

Jet Airways auctions three Boeing 737 aircraft amid insolvency process

On July 18, 2026, Jet Airways will auction off three Boeing 737 aircraft as part of its liquidation process. This event comes on the heels of a recent sale of five Boeing 777-300ER jets, which fetched around $107 million. These moves underscore Jet Airways' continued efforts to address its ₹7,807 crore debt.

BRIC Team

Jun 18, 20260
PM Modi meets French CEOs to discuss investment opportunities in India

PM Modi meets French CEOs to discuss investment opportunities in India

On June 18, 2026, Prime Minister Narendra Modi held talks with French business leaders in Paris, among them CMA CGM's Rodolphe Saade. They explored investment opportunities in areas such as logistics and AI. These discussions are geared towards bolstering economic ties and elevating India's position in global supply chains, especially through current investments and initiatives.

BRIC Team

Jun 18, 20260
CWC Energy Services stock falls below 200-day moving average on June 18, 2026

CWC Energy Services stock falls below 200-day moving average on June 18, 2026

CWC Energy Services Corp. experienced a drop in its shares, falling below the 200-day moving average of C$0.16 during Wednesday's trading. The stock closed at that same price, with a volume of 41,277 shares. Concerns among investors stem from the company's high debt-to-equity ratio of 20.44, which could discourage potential investment, even with strong liquidity metrics in place.

BRIC Team

Jun 18, 20260
Union Minister Pemmasani Chandra Sekhar introduces village-level crop planning to boost farmers' income in A.P.

Union Minister Pemmasani Chandra Sekhar introduces village-level crop planning to boost farmers' income in A.P.

Union Minister of State Pemmasani Chandra Sekhar has announced new village-level crop planning committees in Andhra Pradesh, designed to boost farmers' income. This initiative, shared during a review meeting focused on sustainable agriculture, seeks to promote effective crop diversification and modern farming techniques throughout the state.

BRIC Team

Jun 18, 20262 views
Government promises fair prices for tobacco farmers in Andhra Pradesh, says Minister

Government promises fair prices for tobacco farmers in Andhra Pradesh, says Minister

Andhra Pradesh government, under Energy Minister Gottipati Ravi Kumar, has set a minimum procurement price of ₹200 per kilogram for tobacco farmers. This move seeks to avert distress sales and guarantee fair compensation, addressing worries over financial struggles linked to rejected crops at procurement centers.

BRIC Team

Jun 18, 20262 views