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30 Minerals As Critical To India

30 Minerals As Critical To India:

An expert committee set up by the Central Government recently identified 30 minerals as critical to India, including lithium and vanadium, which are largely used in the manufacturing of batteries.

  • Critical Minerals is a metallic or non-metallic element that has two characteristics.
  • It is essential for the functioning of our modern technologies, economies or national security and
  • There is a risk that its supply chains could be disrupted.
  • The ‘criticality’ of minerals changes with time as supply and society’s needs shift.
  • They are used to manufacture advanced technologies, including mobile phones, computers, fibre-optic cables, semiconductors, banknotes, and defence, aerospace and medical applications.
  • Many are used in low-emission technologies, such as electric vehicles, wind turbines, solar panels, and rechargeable batteries.
  • Some are also crucial for common products, such as stainless steel and electronics.
  • Examples: antimony, beryllium, bismuth, cobalt, copper, gallium, germanium, lithium, vanadium etc.
  • Top Producers: Chile, Indonesia, Congo, China, Australia and South Africa.

Mineral Security Partnership:

  • It is an ambitious new initiative to bolster critical mineral supply chains, announced by the United States (US) and key partner countries in June 2022.
  • The goal of the alliance is to ensure that critical minerals are produced, processed, and recycled in a manner that supports the ability of countries to realise the full economic development benefit of their geological endowments.