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Stepped up Focus on Exploration of Critical Minerals

in Business July 24, 2023 Comments Off on Stepped up Focus on Exploration of Critical Minerals 231 Views

Newdelhi;24/7/23Government has released a list of 30 critical minerals for India.  These minerals are Antimony, Beryllium, Bismuth, Cobalt, Copper, Gallium, Germanium, Graphite, Hafnium, Indium, Lithium, Molybdenum, Niobium, Nickel, PGE, Phosphorous, Potash, REE,Rhenium, Silicon, Strontium, Tantalum, Tellurium, Tin, Titanium, Tungsten, Vanadium,Zirconium, Selenium and Cadmium.

Ministry of Mines has increased focus on exploration of these minerals in the country through Geological Survey of India (GSI) and other agencies.  The details of exploration projects taken up by GSI in last 3 years on critical minerals in India are as under:

Field Season 2020-21 2021-22 2022-23 2023-24
Total projects on critical mineral 59 118 123 122

A joint venture company namely Khanij Bidesh India Ltd. (KABIL) has been incorporated with the equity contribution from three Central Public Sector Enterprises namely, National Aluminium Company Ltd, Hindustan Copper Ltd and Mineral Exploration Company Ltd with the objective to identify and acquire overseas mineral assets of critical & strategic nature such as Lithium, Cobalt & others so as to ensure supply side assurance. KABIL has engagements with countries like Argentina, Australia etc. to acquire critical & strategic minerals assets.

This information was given by Union Minister of Coal, Mines and Parliamentary Affairs Shri Pralhad Joshi in a written reply in Rajya Sabha today.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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