Govt to auction strategic mineral blocks tomorrow
The concentration of extraction or processing of such minerals in a few countries may lead to supply chain vulnerabilities, says Ministry of Mines.
The concentration of extraction or processing of such minerals in a few countries may lead to supply chain vulnerabilities, says Ministry of Mines.
Cabinet also clears 1% royalty rate for REEs; these minerals have gained significance in view of India’s net-zero emissions target
Country takes steps to secure supplies of strategic lithium, cobalt, nickel, molybdenum, vanadium and light rare earth elements. But it promises to be a long and arduous journey.