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Critical Minerals List

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Santhosh Kumar 29/06/2023
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Critical Minerals List upsc notes Context Union Minister Role Coal Mines Parliamentary Affairs Unveiled Report "Critical Minerals for India" Source: PIB What are Critical Minerals? Essential Group Industrial sectors Country's economy and security Characteristics Scarcity High economic value Use in technology Use in defence systems Expert Team Report Ministry of Mines 30 Critical Minerals Minerals and India's Import Dependency Critical Minerals Lithium Import Dependency: 100% Major Import Sources: Chile, Russia, China, Ireland, Belgium Cobalt Import Dependency: 100% Major Import Sources: China, Belgium, Netherlands, US, Japan Nickel Import Dependency: 100% Major Import Sources: Sweden, China, Indonesia, Japan, Philippines Vanadium Import Dependency: 100% Major Import Sources: Kuwait, Germany, South Africa, Brazil, Thailand Niobium Import Dependency: 100% Major Import Sources: Brazil, Australia, Canada, South Africa, Indonesia Germanium Import Dependency: 100% Major Import Sources: China, South Africa, Australia, France, US Rhenium Import Dependency: 100% Major Import Sources: Russia, UK, Netherlands, South Africa, China Beryllium Import Dependency: 100% Major Import Sources: Russia, UK, Netherlands, South Africa, China Tantalum Import Dependency: 100% Major Import Sources: Australia, Indonesia, South Africa, Malaysia, US Strontium Import Dependency: 100% Major Import Sources: China, US, Russia, Estonia, Slovenia Zirconium(zircon) Import Dependency: 80% Major Import Sources: Australia, Indonesia, South Africa, Malaysia, US Graphite(natural) Import Dependency: 60% Major Import Sources: China, Madagascar, Mozambique, Vietnam, Tanzania Manganese Import Dependency: 50% Major Import Sources: South Africa, Gabon, Australia, Brazil, China Chromium Import Dependency: 2.5% Major Import Sources: South Africa, Mozambique, Oman, Switzerland, Turkey Silicon Import Dependency: <1% Major Import Sources: China, Malaysia, Norway, Bhutan, Netherlands Significance of Critical Minerals List Prioritizes Minerals Industrial Sectors High-tech electronics Telecommunications Transport Defence Serves as Framework Policy formulation Strategic planning Investment decisions in mining Aligns with Government's Commitments Achieving 'Net Zero' target Attaining self-reliance Creating resilient mineral sector Other Initiatives by India Joined Mineral Security Partnership (MSP) Geological Survey of India (GSI) Role Exploring critical minerals Boosting mining sector growth KABIL Joint Venture Company NALCO HCL MECL Named Khanij Bidesh India Limited Formed in August 2019 Ensuring supply of Critical Minerals

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