Mines Ministry Organizes Critical Minerals Summit

• Ministry of Mines today organized a summit to foster collaboration, sharing knowledge and driving innovation in the field of critical mineral beneficiation and processing in New Delhi.
• The government initiated the auction of 20 blocks of critical and strategic minerals in November 2023, followed by another tranche of 18 blocks in February 2024. He added that more such auctions are expected in the future.
• A memorandum of understanding (MoU) was exchanged between the Ministry of Mines and Shakti sustainable energy foundation along with Council on Energy, Environment and Water and Indian Institute of Sustainable Development during the session.
• This deal aims to provide knowledge support in critical minerals which are crucial for the nation’s economic development, national security and low-carbon transition. Exhibition pavilions displaying minerals excavated from earth and ocean were also set up at this strategic summit.

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Published date : 29 Apr 2024 05:18PM