Odisha Secures Investment Proposals Exceeding ₹2.43 Lakh Crore During UAE Outreach

The Odisha government has secured investment proposals exceeding ₹2.43 lakh crore during a three-day investment outreach in the United Arab Emirates. The initiative, led by Chief Minister Mohan Charan Majhi, resulted in 24 Memoranda of Understanding (MoUs) and investment intents following 32 one-to-one investor meetings and round-table engagements in Abu Dhabi and Dubai. If implemented, these projects are projected to generate employment for more than 6.18 lakh people in Odisha.

The investment proposals span diverse sectors, including critical minerals and rare earths, metals and mining, and aluminium and steel downstream industries. The outreach concluded with the Odisha Investors' Meet-UAE 2026 in Dubai, which saw participation from approximately 400 business leaders and investors. Notable agreements include an MoU by CAZBAA Project Ventures FZCO for LNG storage and another by Rana Holdings Limited covering green energy, AI data centers, and rare earths. PTCL Infrastructure also entered an agreement for steel and steel downstream industries.

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New Mexico Bans New Uranium Mining Leases on State Lands

On September 4, New Mexico Land Commissioner Stephanie Garcia Richard enacted an executive order that bans the leasing of state lands for new uranium mining and associated activities. This directive aims to prevent further expansion of uranium extraction within the state's jurisdiction.

The executive order also mandates that the State Land Office concentrate its efforts on the remediation of legacy uranium sites. Furthermore, it urges both the uranium industry and the federal government to prioritize addressing the historical uranium-related issues present in the state.

According to an announcement from the State Land Office, New Mexico has a significant history as the largest producer of uranium ore in the United States. This past activity has resulted in over 1,000 former uranium mining, milling, and exploratory drilling sites across the state. Of these, 250 are classified as abandoned, lacking a viable responsible party for their cleanup. State trust lands are associated with at least 50 of these abandoned sites.