Critical Mineral List Crucial to Strategic Sectors’ Growth
Team News Riveting
New Delhi, June 27
The Government of India, through the Ministry of Mines, is all set to unveil for the first time “the list of Critical Minerals for India” to ensure reduced import dependencies, enhance supply chain resilience and support the country’s net zero objectives.
The critical mineral list will be released by Union Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi in the presence of Minister of State for Mines, Coal and Railways Raosaheb Patil Danve and other dignitaries. The ceremony will be held at the India International Centre, New Delhi on 28th June 2023.
The event will be graced by prominent dignitaries including foreign dignitaries, industry representatives, subject matter experts and senior government officials. Key highlights of the Critical Minerals list will be showcased through a short documentary video and some of the major critical minerals will be displayed during the ceremony.
The release of the Critical Minerals List will mark a milestone in India’s pursuit of self-reliance and security in the domain of mineral resources. The meticulously compiled list is designed to identify and prioritize minerals that are essential for various industrial sectors such as high-tech electronics, telecommunications, transport and defence.
The list will serve as a guiding framework for policy formulation, strategic planning and investment decisions in the mining sector. The initiative aligns with the larger vision of achieving ‘Net Zero’ target for India through Government’s commitment to creating a robust and resilient mineral sector. It is worthy to note that India has recently become the newest partner in the coveted Mineral Security Partnership (MSP) to bolster critical mineral supply chains.
