New Delhi: The central authorities has stepped up exploration and manufacturing of important minerals within the nation with variety of licences given to search out home deposits, union minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi stated on Monday.
In a written reply to a query in Rajya Sabha, the minister stated that the federal government has launched an inventory of 30 important minerals for India and would give attention to exploration and subsequent manufacturing of those.
The important minerals checklist contains 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 which have vast ranging industrial and industrial use.
The mines ministry has elevated give attention to exploration of those minerals via Geological Survey of India (GSI) and different companies, the minister stated.
Ranging from 2020-21 when there have been solely 59 tasks in important minerals, these have risen to 122 in FY24.
A three way partnership firm Khanij Bidesh India Ltd. (KABIL) has been integrated with the fairness contribution from three central public sector enterprises–Nationwide Aluminium Firm Ltd, Hindustan Copper Ltd and Mineral Exploration Firm Ltd–with the target to determine and purchase abroad mineral property of important & strategic nature equivalent to lithium, cobalt , amongst others, to make sure provide aspect assurance.
KABIL additionally has engagements with international locations like Argentina, Australia, amongst others, to accumulate important and strategic minerals property.
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Up to date: 24 Jul 2023, 05:26 PM IST
Supply: Live Mint