{"id":43382,"date":"2024-07-16T09:12:55","date_gmt":"2024-07-16T09:12:55","guid":{"rendered":"https:\/\/edukemy.com\/blog\/?p=43382"},"modified":"2024-07-16T09:12:56","modified_gmt":"2024-07-16T09:12:56","slug":"indias-hunt-for-critical-minerals-upsc-daily-editorial-analysis-16th-july-2024-edukemy","status":"publish","type":"post","link":"https:\/\/edukemy.com\/blog\/indias-hunt-for-critical-minerals-upsc-daily-editorial-analysis-16th-july-2024-edukemy\/","title":{"rendered":"India\u2019s Hunt for Critical Minerals\u00a0&#8211; UPSC Daily Editorial Analysis &#8211; 16th July 2024 &#8211; Edukemy"},"content":{"rendered":"\n<p>India is on a quest to secure critical minerals, which are essential for various high-tech industries, renewable energy technologies, and advanced manufacturing. These minerals, including lithium, cobalt, and rare earth elements, are crucial for making batteries, electric vehicles, smartphones, and other modern gadgets. As global demand for these minerals rises, India aims to reduce its dependency on imports and ensure a steady supply for its growing economy. This hunt involves exploring domestic sources, forging international partnerships, and investing in sustainable mining practices. Securing these minerals is vital for India&#8217;s technological advancement and energy security.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/edukemy.com\/upsc-current-affairs?utm_source=Blog&amp;utm_medium=Banner&amp;utm_campaign=Current+Affairs\" target=\"_blank\" rel=\"noreferrer noopener\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1280\" height=\"300\" src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/19.png\" alt=\"\" class=\"wp-image-42406\" srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/19.png 1280w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/19-1170x274.png 1170w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/19-585x137.png 585w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/a><\/figure>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: GS-3, Economy- Planning- Mobilization of Resources\u2013 Industrial Growth\u2013 Industrial Policy<\/strong><\/p><\/blockquote>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<label for=\"ez-toc-cssicon-toggle-item-69d46fe406923\" class=\"ez-toc-cssicon-toggle-label\"><p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d46fe406923\"  \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edukemy.com\/blog\/indias-hunt-for-critical-minerals-upsc-daily-editorial-analysis-16th-july-2024-edukemy\/#Why_in_the_news\" title=\"Why in the news?\">Why in the news?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edukemy.com\/blog\/indias-hunt-for-critical-minerals-upsc-daily-editorial-analysis-16th-july-2024-edukemy\/#What_are_Critical_Minerals\" title=\"What are Critical Minerals?\">What are Critical Minerals?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edukemy.com\/blog\/indias-hunt-for-critical-minerals-upsc-daily-editorial-analysis-16th-july-2024-edukemy\/#Examples_of_Critical_Minerals\" title=\"Examples of Critical Minerals:\">Examples of Critical Minerals:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edukemy.com\/blog\/indias-hunt-for-critical-minerals-upsc-daily-editorial-analysis-16th-july-2024-edukemy\/#Critical_Minerals_Reserves_in_the_World_India\" title=\"Critical Minerals Reserves in the World &amp; India:\">Critical Minerals Reserves in the World &amp; India:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edukemy.com\/blog\/indias-hunt-for-critical-minerals-upsc-daily-editorial-analysis-16th-july-2024-edukemy\/#Why_Critical_Minerals_are_Important_for_India\" title=\"Why Critical Minerals are Important for India?\">Why Critical Minerals are Important for India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edukemy.com\/blog\/indias-hunt-for-critical-minerals-upsc-daily-editorial-analysis-16th-july-2024-edukemy\/#What_Factors_Impact_the_Criticality_of_Minerals\" title=\"What Factors Impact the Criticality of Minerals?\">What Factors Impact the Criticality of Minerals?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edukemy.com\/blog\/indias-hunt-for-critical-minerals-upsc-daily-editorial-analysis-16th-july-2024-edukemy\/#What_are_the_Initiatives_Taken_for_Critical_Minerals_in_India\" title=\"What are the Initiatives Taken for Critical Minerals in India?\">What are the Initiatives Taken for Critical Minerals in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edukemy.com\/blog\/indias-hunt-for-critical-minerals-upsc-daily-editorial-analysis-16th-july-2024-edukemy\/#What_is_the_Mandate_of_the_New_Committee_on_Critical_Minerals\" title=\"What is the Mandate of the New Committee on Critical Minerals?\">What is the Mandate of the New Committee on Critical Minerals?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edukemy.com\/blog\/indias-hunt-for-critical-minerals-upsc-daily-editorial-analysis-16th-july-2024-edukemy\/#When_is_Domestic_Production_likely_to_Begin\" title=\"When is Domestic Production likely to Begin?\">When is Domestic Production likely to Begin?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edukemy.com\/blog\/indias-hunt-for-critical-minerals-upsc-daily-editorial-analysis-16th-july-2024-edukemy\/#Conclusion\" title=\"Conclusion:\">Conclusion:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edukemy.com\/blog\/indias-hunt-for-critical-minerals-upsc-daily-editorial-analysis-16th-july-2024-edukemy\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edukemy.com\/blog\/indias-hunt-for-critical-minerals-upsc-daily-editorial-analysis-16th-july-2024-edukemy\/#Q_What_are_critical_minerals\" title=\"Q: What are critical minerals?\">Q: What are critical minerals?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edukemy.com\/blog\/indias-hunt-for-critical-minerals-upsc-daily-editorial-analysis-16th-july-2024-edukemy\/#Q_Why_is_India_hunting_for_critical_minerals\" title=\"Q: Why is India hunting for critical minerals?\">Q: Why is India hunting for critical minerals?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edukemy.com\/blog\/indias-hunt-for-critical-minerals-upsc-daily-editorial-analysis-16th-july-2024-edukemy\/#Q_Where_does_India_find_these_critical_minerals\" title=\"Q: Where does India find these critical minerals?\">Q: Where does India find these critical minerals?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edukemy.com\/blog\/indias-hunt-for-critical-minerals-upsc-daily-editorial-analysis-16th-july-2024-edukemy\/#Q_How_does_finding_critical_minerals_benefit_India\" title=\"Q: How does finding critical minerals benefit India?\">Q: How does finding critical minerals benefit India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/edukemy.com\/blog\/indias-hunt-for-critical-minerals-upsc-daily-editorial-analysis-16th-july-2024-edukemy\/#Q_What_challenges_does_India_face_in_its_hunt_for_critical_minerals\" title=\"Q: What challenges does India face in its hunt for critical minerals?\">Q: What challenges does India face in its hunt for critical minerals?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/edukemy.com\/blog\/indias-hunt-for-critical-minerals-upsc-daily-editorial-analysis-16th-july-2024-edukemy\/#To_get_free_counselingsupport_on_UPSC_preparation_from_expert_mentors_please_call_9773890604\" title=\"To get free counseling\/support on UPSC preparation from expert mentors please call 9773890604\">To get free counseling\/support on UPSC preparation from expert mentors please call 9773890604<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/edukemy.com\/blog\/indias-hunt-for-critical-minerals-upsc-daily-editorial-analysis-16th-july-2024-edukemy\/#Visit_our_YouTube_Channel_%E2%80%93_Here\" title=\"Visit our YouTube Channel \u2013 Here\">Visit our YouTube Channel \u2013 Here<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_news\"><\/span><strong>Why in the news?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>In June, the Ministry of Mines launched the fourth tranche of critical minerals auction, offering 21 blocks across 14 states.<\/li><li>To incentivize exploration, the ministry announced a scheme to reimburse up to Rs 20 crore in exploration expenses for licence holders.<\/li><li>Licence holders can claim up to Rs 20 crore for exploration activities and may receive additional reimbursements if they hand over a block for mining lease within three years.<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXdWrI0Pi6Z0danVB8X0vNtxB_qBsaKPoYvE9XCzHLR7ps-DYSUg9k-coablJPA6pQLTC_y6QZ8fr5kIZU4DMyWT-ZlP3tOoVJlj79HJnsVUMTpDlIu60KhfUF_pEkjnBSREYtY157zJL4HVa7RpBDRcffD6gszRF1Hp2FIUfZ3ZCGNM8mKSw3I?key=Rse5xUx718rULd0NHNnXEw\" alt=\"Minerals Reserves\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Minerals Reserves<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_Critical_Minerals\"><\/span><strong>What are Critical Minerals?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Critical minerals are raw materials essential for economic and national security, often used in high-tech industries and renewable energy technologies.<\/li><li>They are typically rare, difficult to mine and substitute, and often vulnerable to supply chain disruptions due to limited global production and geopolitical factors.<\/li><li>The growing demand for these minerals, driven by technological advancements and the global transition to green energy, underscores their critical importance.<\/li><li>Securing a stable supply of critical minerals is a strategic priority for many countries to ensure economic stability and technological progress.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Examples_of_Critical_Minerals\"><\/span><strong>Examples of Critical Minerals:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Lithium:<\/strong><ul><li><strong>Uses:<\/strong> Lithium-ion batteries for EVs, consumer electronics, and energy storage systems.<\/li><li><strong>Reserves:<\/strong> Australia and Chile hold the largest reserves of lithium according to the US Geological Survey (USGS).<\/li><\/ul><\/li><li><strong>Cobalt:<\/strong><ul><li><strong>Uses:<\/strong> Battery production, aerospace components, and high-strength alloys.<\/li><li><strong>Reserves:<\/strong> The Democratic Republic of Congo (DRC) is the largest global supplier, with almost half of all cobalt reserves.<\/li><\/ul><\/li><li><strong>Graphite:<\/strong><ul><li><strong>Uses:<\/strong> Batteries, fuel cells, and high-temperature applications.<\/li><li><strong>Reserves:<\/strong> In 2023, China had the world&#8217;s largest reserves of natural graphite, approximately 78 million metric tons.<\/li><\/ul><\/li><li><strong>Nickel:<\/strong><ul><li><strong>Uses:<\/strong> Stainless steel production and battery manufacturing.<\/li><li><strong>Reserves:<\/strong> Australia and Indonesia have the largest reserves of nickel.<\/li><\/ul><\/li><li><strong>Rare Earth Elements (REEs):<\/strong><ul><li><strong>Uses:<\/strong> Manufacturing electronics, magnets, and military applications.<\/li><li><strong>Reserves:<\/strong> Worldwide reserves are approximately 110 million metric tons, with China holding the largest share (about 44 million metric tons). Other major reserves are found in Vietnam, Russia, and Brazil.<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Critical_Minerals_Reserves_in_the_World_India\"><\/span><strong>Critical Minerals Reserves in the World &amp; India:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXcvGs10h1LpgQk-regnoI5iyexDdrFmCCwi2b5YjmxeVB3bBqLSFzcNwkgUeJ3VblrlKyi86-fnZzZdM7GpcPp_Nxe9dqIaEELqvAaVjT3cX_cdpeI4GtozjmhR2UQtqHrP7lTGHcn7e9ROOjvcCKsdaM9JNIINkZq8BGHTF9UNJjJS2hVFUA?key=Rse5xUx718rULd0NHNnXEw\" alt=\"Minerals Reserves\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Minerals Reserves<\/strong><\/figcaption><\/figure><\/div>\n\n\n<ul class=\"wp-block-list\"><li><strong>India&#8217;s Situation:<\/strong><ul><li>India does not have reserves of nickel, cobalt, molybdenum, rare earth elements, neodymium, and indium.<\/li><li>The country&#8217;s requirement for copper and silver is higher than its current reserves.<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_Critical_Minerals_are_Important_for_India\"><\/span><strong>Why Critical Minerals are Important for India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Foundation of Modern Technology:<\/strong><ul><li>Critical minerals are essential for modern technology.<\/li><li>They are used in products ranging from mobile phones and solar panels to electric vehicle batteries and medical applications.<\/li><\/ul><\/li><li><strong>Energy Transition:<\/strong><ul><li>Critical minerals are vital for renewable energy technologies needed to meet global &#8220;Net Zero&#8221; commitments.<\/li><li>These minerals are necessary for building solar panels, semiconductors, wind turbines, and advanced batteries for storage and transportation.<\/li><\/ul><\/li><li><strong>Futuristic Economy:<\/strong><ul><li>The future global economy will rely on technologies dependent on minerals like lithium, graphite, cobalt, titanium, and rare earth elements.<\/li><li>These minerals are the building blocks for the green and digital economy.<\/li><\/ul><\/li><li><strong>Self Reliance:<\/strong><ul><li>Identifying critical minerals will help India plan for their acquisition and preservation, considering the country&#8217;s long-term needs.<\/li><li>This strategy will reduce India&#8217;s import dependency, as the country is currently 100% import-dependent for certain elements.<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Factors_Impact_the_Criticality_of_Minerals\"><\/span><strong>What Factors Impact the Criticality of Minerals?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Two Main Parameters:<\/strong><ul><li><strong>Economic Importance:<\/strong><ul><li>Assesses how raw materials are distributed across different industrial uses.<\/li><li>Evaluates the impact on industries when certain minerals are unavailable in the supply chain.<\/li><\/ul><\/li><li><strong>Supply Risk:<\/strong><ul><li>Examines how global production of raw materials is concentrated in specific countries.<\/li><li>Considers the governance and environmental practices of supplier countries.<\/li><li>Look at reliance on imports and trade restrictions in other countries.<\/li><\/ul><\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_Initiatives_Taken_for_Critical_Minerals_in_India\"><\/span><strong>What are the Initiatives Taken for Critical Minerals in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Planning Commission:<\/strong><ul><li>In 2011, a report by the Planning Commission (now NITI Aayog) highlighted the need for assured availability of mineral resources for India&#8217;s industrial growth.<\/li><li>Identified 12 strategic minerals: Tin, Cobalt, Lithium, Germanium, Gallium, Indium, Niobium, Beryllium, Tantalum, Tungsten, Bismuth, and Selenium.<\/li><\/ul><\/li><li><strong>Ministry of Mines:<\/strong><ul><li>Constituted a steering committee in 2011 to review the availability of rare-earth elements (REE) and energy-critical elements.<\/li><li>Conducted a study titled \u201cRare Earths and Energy Critical Minerals: A Roadmap and Strategy for India\u201d to review production, consumption, and reserves.<\/li><\/ul><\/li><li><strong>Council on Energy, Environment and Water (CEEW):<\/strong><ul><li>Conducted a study highlighting the lack of research in India regarding mineral resource security for the manufacturing sector.<\/li><li>Identified 13 minerals as most critical by 2030: Rhenium, Beryllium, Rare Earths (Heavy), Germanium, Graphite, Tantalum, Zirconium, Chromium, Limestone, Niobium, Rare Earths (Light), Silicon, and Strontium.<\/li><\/ul><\/li><li><strong>Geological Survey of India (GSI):<\/strong><ul><li>Submitted a strategic plan for enhancing REE exploration in India in collaboration with the Atomic Mineral Division (AMD).<\/li><li>Emphasised securing rare earth elements for India.<\/li><\/ul><\/li><li><strong>Centre for Socio and Economic Progress (CSEP):<\/strong><ul><li>Released a working paper in 2023 titled \u201cAssessing the Criticality of Minerals in India\u201d.<\/li><li>Evaluated the criticality of 43 non-fuel minerals based on economic importance and supply risks.<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Mandate_of_the_New_Committee_on_Critical_Minerals\"><\/span><strong>What is the Mandate of the New Committee on Critical Minerals?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Mandate:<\/strong><ul><li>The Ministry of Mines constituted a committee to identify critical and strategic minerals.<\/li><li>Chaired by Dr. Veena Kumari Dermal, Joint Secretary, Ministry of Mines.<\/li><li>Concluded that the categorization of critical minerals depends on factors such as availability, monopoly on resources, use for frontier technologies\/clean energy, substitutability, supply risk, and recycling.<\/li><\/ul><\/li><li><strong>Criteria for Identifying Critical Minerals:<\/strong><ul><li><strong>Three-Stage Assessment:<\/strong><ul><li><strong>Study of International Strategies:<\/strong> Analysed critical mineral strategies from countries like Australia, USA, Canada, UK, Japan, and South Korea.<\/li><li><strong>Inter-Ministerial Consultation:<\/strong> Engaged with various ministries (e.g., Ministry of Power, Ministry of New and Renewable Energy, Department of Atomic Energy) to identify sector-specific critical minerals.<\/li><li><strong>Statistical Analysis:<\/strong> Conducted a detailed statistical exercise to compute factors like substitutability index, minerals cross-cutting index, and import reliance.<\/li><\/ul><\/li><\/ul><\/li><li><strong>Outcome:<\/strong><ul><li>Identified a total of 30 minerals as most critical for India.<\/li><li>Included two minerals specifically critical as fertiliser minerals.<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"When_is_Domestic_Production_likely_to_Begin\"><\/span><strong>When is Domestic Production likely to Begin?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Current Status:<\/strong> The commercialization of India&#8217;s domestic mineral blocks is still in the early stages of exploration.<\/li><li><strong>Future Prospects:<\/strong> Significant benefits from domestic production are unlikely to materialise by 2030, as assessed by ICRA.<\/li><li><strong>Government Initiatives:<\/strong><ul><li>The Indian government is actively promoting exploration activities to accelerate the development of domestic mineral resources.<\/li><li>Efforts include incentivizing exploration and attracting more miners to participate in mineral extraction projects.<\/li><li>India is pursuing overseas mineral acquisitions as a strategy to secure critical resources. For instance, a joint venture named Khanij Bidesh India Limited has been established to develop a lithium brine mine in Argentina.<\/li><\/ul><\/li><li><strong>International Collaboration:<\/strong><ul><li>India has joined the U.S.-led Mineral Security Partnership, which involves major global stakeholders in critical minerals.<\/li><li>This partnership aims to enhance India&#8217;s mineral security by fostering cooperation among significant buyers and sellers of critical minerals worldwide<\/li><\/ul><\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>India&#8217;s focus on clean energy and emissions reduction highlights the critical importance of minerals for electric vehicles and renewable energy systems. They are essential for India&#8217;s transition to a greener and more sustainable future, driving growth, competitiveness, and sustainable development.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"pcrstb-wrap\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>UPSC Civil Services Examination Previous Year Question (PYQ)<\/strong><br><br><strong>Prelim:<\/strong><br><strong>Q1.Consider the following minerals: (2020)<\/strong><br>1. Bentonite<br>2. Chromite<br>3. Kyanite<br>4. Sillimanite<br><strong>In India, which of the above is\/are officially designated as major minerals?<\/strong><br>a) 1 and 2 only<br>b) 4 only<br>c) 1 and 3 only<br>d) 2, 3 and 4 only<br><strong>Ans: D<\/strong><br><br><strong>Q: 2.Recently, there has been a concern over the short supply of a group of elements called \u2018rare earth metals\u2019. Why? (2012)<\/strong><br>1. China, which is the largest producer of these elements, has imposed some restrictions on their export.<br>2. Other than China, Australia, Canada and Chile, these elements are not found in any country.<br>3. Rare earth metals are essential for the manufacture of various kinds of electronic items and there is a growing demand for these elements.<br><strong>Which of the statements given above is\/are correct?<\/strong><br>a) 1 only<br>b) 2 and 3 only<br>c) 1 and 3 only<br>d) 1, 2 and 3<br><strong>Ans: C<\/strong><br><br><strong>Mains:<\/strong><br><strong>Q:1 Discuss the multi-dimensional implications of uneven distribution of mineral oil in the world. (2021)<\/strong><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p><strong>Sources: <\/strong><a href=\"https:\/\/www.thehindu.com\/business\/Industry\/how-is-indias-hunt-for-critical-minerals-going\/article68401149.ece#:~:text=The%20story%20so%20far%3A%20In,revamped%20Mines%20and%20Minerals%20law\"><strong>TH<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_are_critical_minerals\"><\/span><strong>Q: What are critical minerals?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Answer<\/strong>: Critical minerals are essential natural resources that are crucial for manufacturing high-tech devices, renewable energy technologies, and other advanced industrial processes. These include minerals like lithium, cobalt, and rare earth elements.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Why_is_India_hunting_for_critical_minerals\"><\/span><strong>Q: Why is India hunting for critical minerals?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Answer<\/strong>: India is hunting for critical minerals to support its growing technology sector, renewable energy projects, and overall industrial development. Securing a steady supply of these minerals is essential for making batteries, electronics, and green technologies.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Where_does_India_find_these_critical_minerals\"><\/span><strong>Q: Where does India find these critical minerals?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Answer<\/strong>: India is looking both within its borders and internationally. Domestically, India is exploring areas that may have untapped mineral resources. Internationally, India is forming partnerships and agreements with other countries to ensure a reliable supply of these essential minerals.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_How_does_finding_critical_minerals_benefit_India\"><\/span><strong>Q: How does finding critical minerals benefit India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Answer<\/strong>: Finding critical minerals benefits India by ensuring it has the necessary resources to advance in technology and renewable energy. This helps reduce dependence on imports, supports economic growth, creates jobs, and boosts India\u2019s position in the global market.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_challenges_does_India_face_in_its_hunt_for_critical_minerals\"><\/span><strong>Q: What challenges does India face in its hunt for critical minerals?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Answer<\/strong>: India faces several challenges, including the high cost of exploration and extraction, environmental concerns, and geopolitical issues. Additionally, developing the necessary technology and infrastructure to process and utilize these minerals can be difficult.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/edukemy.com\/upsc\/upsc-essay?utm_source=Blog&amp;utm_medium=Banner&amp;utm_campaign=Essay\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/UPSC-Essay-Course-1280\u00d7300-1-3.svg\" alt=\"\" class=\"wp-image-42688 lazyload\" width=\"781\" height=\"182\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 781px; --smush-placeholder-aspect-ratio: 781\/182;\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"To_get_free_counselingsupport_on_UPSC_preparation_from_expert_mentors_please_call_9773890604\"><\/span><strong>To get free counseling\/support on UPSC preparation from expert mentors please call 9773890604<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\"><li>Join our Main Telegram Channel and access PYQs, Current Affairs and UPSC&nbsp; Guidance for free \u2013 <a href=\"https:\/\/t.me\/Edukemy4IAS\">Edukemy for IAS<\/a><\/li><li>Learn Economy for free-<a href=\"https:\/\/t.me\/+uq2Jq2ezMHE3ZjA1\" target=\"_blank\" rel=\"noreferrer noopener\"> Economy for UPSC<\/a><\/li><li>Mains Answer Writing Practice-<a href=\"https:\/\/t.me\/+HS9DZh7PTytkNjJl\" target=\"_blank\" rel=\"noreferrer noopener\">Mains Answer Writing<\/a><\/li><li>For UPSC Prelims Resources, <a href=\"https:\/\/edukemy.com\/upsc-cse-prelims-resource-centre\" target=\"_blank\" rel=\"noreferrer noopener\">Click here<\/a><\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Visit_our_YouTube_Channel_%E2%80%93_Here\"><\/span>Visit our YouTube Channel \u2013 <a href=\"https:\/\/www.youtube.com\/@EduKemyforIAS\" target=\"_blank\" rel=\"noreferrer noopener\">Here<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>India is on a quest to secure critical minerals, which are essential for various high-tech industries, renewable energy technologies,<\/p>\n","protected":false},"author":21,"featured_media":43384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[352],"tags":[2490,160,161,169,232,140],"class_list":["post-43382","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-editorial-analysis","tag-critical-minerals","tag-daily-current-affairs","tag-daily-current-affairs-upsc","tag-daily-editorial-analysis","tag-upsc","tag-upsc_preparation_strategy"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/43382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/comments?post=43382"}],"version-history":[{"count":1,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/43382\/revisions"}],"predecessor-version":[{"id":43385,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/43382\/revisions\/43385"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media\/43384"}],"wp:attachment":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media?parent=43382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/categories?post=43382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/tags?post=43382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}