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Govt to unveil 'List of Critical Minerals for India”
Critical Minerals
Image credit: Wikimedia Commons

Govt to unveil 'List of Critical Minerals for India”

| @indiablooms | 27 Jun 2023, 09:10 pm

New Delhi: India will unveil its first-ever critical minerals mines list on Wednesday, the Ministry of Mines said.

Mines minister Pralhad Joshi will release "the list of Critical Minerals for India".

“This 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 Ministry of Mines said in a statement.

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 list will serve as a guiding framework for policy formulation, strategic planning, and investment decisions in the mining sector.

This initiative aligns with the larger vision of achieving a ‘Net Zero’ target for India through the government's commitment to creating a robust and resilient mineral sector, the statement added.

It is worth noting that India has recently become the newest partner in the coveted Mineral Security Partnership (MSP) to bolster critical mineral supply chains.

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