Mines Ministry to Organise G20 Outreach Programme on Global Action on Critical Minerals

• Ministry of Mines is organising an outreach programme on “Role of the Government and Industry in Driving the Global Action of Critical Minerals” on 29th November, 2023 at Bharat Mandapam, Pragati Maidan,  New Delhi.  The event will be attended by Ambassadors/Mission Heads of various countries as well as representatives of businesses in India and other stakeholders.
• India's G20 presidency has marked a significant milestone in its global leadership role. With its diverse economy, technological prowess and commitment to sustainable development, India has brought unique perspectives to the table. During the presidency, India has focused on various issues like inclusive growth, digital innovation, climate resilience and equitable global health access. By leveraging its presidency, India is fostering collaborative solutions that not only benefit its own population but contribute to the broader global well-being, reinforcing its spirit of ‘VasudhaivaKutumbakam’ or the ‘World is One Family’. G20 New Delhi Leaders’ Declaration has a paragraph on the Critical Minerals. The declaration also takes note of the high level voluntary principles.
• Ministry of Mines is in the process of preparing a Policy for critical mineral which will include a road map for strengthening the supply chain of critical minerals. The strategy will also identify the responsibilities of different ministries of Govt. of India in ensuring the resilience of the supply chain of critical minerals. Ministry of Mines is also preparing a strategy for recycling of metals which will help to augment the recycling capability and streamline the recycling process and will also work with partner countries to co-develop mineral processing and raw material manufacturing capabilities.
• Apart from strengthening the domestic mechanisms, collaborative international efforts through multilateral and bilateral engagements have been made to build a resilient critical minerals value chain. Ministry of Mine is actively engaging in new partnerships and alliances like Minerals Security Partnership (MSP), the Australia-India Economic Cooperation and Trade Agreement (ECTA).

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Published date : 28 Nov 2023 10:25AM