CHINA’S MOVES MUST RECAST INDIA’S CRITICAL MINERALS PUSH

China's dominance in critical minerals is affecting global supply chains, driving competition and economic growth in tech sectors. India heavily relies on imports due to limited reserves and technology limitations. To remain competitive, India needs to improve domestic mineral exploration and production capacity, form international collaborations, address information gaps, and involve the private sector.

Last Updated on 24th January, 2025
7 minutes, 8 seconds

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Copyright infringement not intended Picture Courtesy:The Hindu Context: China dominance in critical minerals shapes global supply chains, driving competition and economic growth in key tech sectors. About Critical minerals "Critical minerals" are minerals considered essential for modern technology and the economy, but with a high risk of supply chain disruption due to factors like limited geographic sources, geopolitical instability, or complex extraction processes. They are crucial for national security and the transition to clean energy technologies, particularly in areas like electric vehicles and renewable energy sources like wind turbines; examples include lithium, cobalt, nickel, rare earth elements, and graphite, whose scarcity can significantly impact the production of vital products if their supply is disrupted.  Examples of critical minerals: Lithium: Essential for electric vehicle batteries Cobalt: Used in lithium-ion batteries for electric vehicles and elec...

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