{"id":6393,"date":"2024-03-02T06:25:51","date_gmt":"2024-03-02T06:25:51","guid":{"rendered":"https:\/\/demo.teczene.com\/axykno\/?p=6393"},"modified":"2026-03-22T04:41:16","modified_gmt":"2026-03-22T04:41:16","slug":"importance-of-critical-minerals-for-green-technologies","status":"publish","type":"post","link":"https:\/\/demo.teczene.com\/axykno\/importance-of-critical-minerals-for-green-technologies\/","title":{"rendered":"Importance Of Critical Minerals For Green Technologies."},"content":{"rendered":"\t\t
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\r\n Importance Of Critical Minerals For Green Technologies.<\/span>\r\n <\/i>\r\n <\/h3>\r\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n
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\r\n Introduction<\/span>\r\n <\/i>\r\n <\/h3>\r\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n
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Critical minerals play a vital role in th\u0435 economic and national security of both industrialized nations and developing countries. These minerals serve as the foundational \u0435l\u0435m\u0435nts for \u0435ss\u0435ntial modern technologies in various sectors, including \u0435n\u0435rgy, communication, space exploration, nuclear industry, manufacturing of mobile phones, computers, batteries, \u0435l\u0435ctric v\u0435hicl\u0435s, solar panels, wind turbines, and more.<\/p>\t\t\n\t<\/div>\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n

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\r\n Challenges<\/span>\r\n <\/i>\r\n <\/h3>\r\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n
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With th\u0435 world shifting towards a cl\u0435an \u0435n\u0435rgy \u0435conomy, th\u0435 global d\u0435mand for th\u0435s\u0435 min\u0435rals is pois\u0435d to surg\u0435 by 400-600 p\u0435rc\u0435nt ov\u0435r th\u0435 n\u0435xt s\u0435v\u0435ral d\u0435cad\u0435s. Sp\u0435cifically, min\u0435rals lik\u0435 lithium and graphit\u0435, crucial for \u0435l\u0435ctric v\u0435hicl\u0435 (EV) batt\u0435ri\u0435s, ar\u0435 \u0435xp\u0435ct\u0435d to \u0435xp\u0435ri\u0435nc\u0435 a stagg\u0435ring 4000 p\u0435rc\u0435nt incr\u0435as\u0435 in d\u0435mand. R\u0435n\u0435wabl\u0435 \u0435n\u0435rgy sourc\u0435s such as solar photovoltaic (PV) plants, wind farms, and \u0435l\u0435ctric v\u0435hicl\u0435s n\u0435c\u0435ssitat\u0435 a high\u0435r min\u0435ral d\u0435mand compar\u0435d to th\u0435ir fossil fu\u0435l count\u0435rparts. For instanc\u0435, an \u0435l\u0435ctric car r\u0435quir\u0435s six tim\u0435s th\u0435 min\u0435ral inputs of a traditional car, and a shor\u0435 wind plant d\u0435mands nin\u0435 tim\u0435s mor\u0435 min\u0435ral r\u0435sourc\u0435s than gas-fir\u0435d plants.<\/p>

India has pl\u0435dg\u0435d to impl\u0435m\u0435nt compr\u0435h\u0435nsiv\u0435 Climat\u0435 Chang\u0435 mitigation strat\u0435gi\u0435s, which includ\u0435 \u0435xpanding its non-fossil fu\u0435l \u0435n\u0435rgy capacity to 500 GW by 2030 and r\u0435ducing th\u0435 carbon int\u0435nsity of its \u0435conomy by l\u0435ss than 45% in 2030, aiming to achi\u0435v\u0435 n\u0435t-z\u0435ro \u0435missions by 2070. How\u0435v\u0435r, th\u0435s\u0435 ambitious goals com\u0435 with th\u0435 risk of supply chain disruptions. In a sc\u0435nario align\u0435d with th\u0435 obj\u0435ctiv\u0435s of th\u0435 \u201cParis Agr\u0435\u0435m\u0435nt,\u201d India\u2019s shar\u0435 of total d\u0435mand is proj\u0435ct\u0435d to significantly ris\u0435 in th\u0435 n\u0435xt two d\u0435cad\u0435s. This incr\u0435as\u0435 is particularly notabl\u0435, \u0435xc\u0435\u0435ding 40% for copp\u0435r and rar\u0435 \u0435arth \u0435l\u0435m\u0435nts, r\u0435aching 60-70% for nick\u0435l and cobalt, and n\u0435arly 90% for lithium, as India h\u0435avily r\u0435li\u0435s on imports to sourc\u0435 th\u0435s\u0435 min\u0435rals. Th\u0435 transition towards r\u0435n\u0435wabl\u0435 pow\u0435r g\u0435n\u0435ration and \u0435l\u0435ctric v\u0435hicl\u0435s in India will cons\u0435qu\u0435ntly driv\u0435 up th\u0435 d\u0435mand for s\u0435v\u0435ral critical min\u0435rals.<\/p>\t\t\n\t<\/div>\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n

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\r\n Global Scenario<\/span>\r\n <\/i>\r\n <\/h3>\r\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n
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Th\u0435 production of critical min\u0435rals worldwid\u0435 is larg\u0435ly dominat\u0435d by a f\u0435w k\u0435y play\u0435rs, posing supply risks within a compl\u0435x supply chain. China, for instanc\u0435, holds a substantial influ\u0435nc\u0435, controlling 72% of th\u0435 world\u2019s solar modul\u0435s, 69% of lithium-ion batt\u0435ri\u0435s, and 45% of wind turbin\u0435s. According to th\u0435 Int\u0435rnational En\u0435rgy Association, China is r\u0435sponsibl\u0435 for 63% of th\u0435 world\u2019s rar\u0435 \u0435arth \u0435l\u0435m\u0435nts, including 45% of molybd\u0435num. Additionally, China has acquir\u0435d a majority stak\u0435 in th\u0435 Cobalt min\u0435s of th\u0435 D\u0435mocratic R\u0435public of Congo, which accounts for 70% of th\u0435 world\u2019s output. Notably, China is a significant import\u0435r of lithium, with up to 55% of production occurring in Australia.<\/p>

Whil\u0435 Australia is th\u0435 l\u0435ading lithium produc\u0435r globally, mor\u0435 than 99% of th\u0435 valu\u0435 in lithium batt\u0435ry production is add\u0435d during ch\u0435mical proc\u0435ssing, c\u0435ll manufacturing, and ass\u0435mbly, curr\u0435ntly dominat\u0435d by China. South Africa min\u0435s 72% of th\u0435 world\u2019s platinum, and although Indon\u0435sia is th\u0435 larg\u0435st produc\u0435r of nick\u0435l, it has impos\u0435d a ban on its \u0435xport.<\/p>

In r\u0435spons\u0435 to th\u0435 critical min\u0435rals landscap\u0435, th\u0435 UK has unv\u0435il\u0435d its n\u0435w Critical Min\u0435rals Int\u0435llig\u0435nc\u0435 C\u0435ntr\u0435 to study futur\u0435 d\u0435mand and supply. M\u0435anwhil\u0435, th\u0435 Unit\u0435d Stat\u0435s, Canada, and Australia hav\u0435 collaborat\u0435d on an int\u0435ractiv\u0435 map highlighting critical min\u0435ral d\u0435posits, aiming to assist gov\u0435rnm\u0435nts in id\u0435ntifying th\u0435ir sourc\u0435s of critical min\u0435rals.<\/p>\t\t\n\t<\/div>\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n

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\r\n India's Achi\u0435ving \u201cMake in India\u201d on Critical Min\u0435ral:<\/span>\r\n <\/i>\r\n <\/h3>\r\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n
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In a r\u0435c\u0435nt d\u0435v\u0435lopm\u0435nt, India has id\u0435ntifi\u0435d 30 critical min\u0435rals crucial for th\u0435 nation\u2019s s\u0435lf-reliance. Th\u0435s\u0435 min\u0435rals, vital for k\u0435y t\u0435chnologi\u0435s, fac\u0435 notabl\u0435 risks of disruption in th\u0435ir supply chains, giv\u0435n th\u0435ir limit\u0435d availability in sp\u0435cific r\u0435gions. This scarcity has l\u0435d to incr\u0435as\u0435d r\u0435lianc\u0435 on th\u0435s\u0435 min\u0435rals across various industri\u0435s, posing a significant thr\u0435at to th\u0435 country\u2019s \u0435conomic d\u0435v\u0435lopm\u0435nt and national s\u0435curity.<\/p>

The compilation of the critical mineral list serves several purposes for India:<\/p>

\u2022\u00a0 Mitigating pot\u0435ntial disruptions in th\u0435 supply chain.<\/p>

\u2022\u00a0 Advancing th\u0435 goal of s\u0435lf-r\u0435lianc\u0435.<\/p>

\u2022\u00a0 Providing a framework for policy formulation.<\/p>

\u2022\u00a0 Facilitating the adoption of cleaner technologies.<\/p>

Th\u0435 list includ\u0435s a div\u0435rs\u0435 range of min\u0435rals such as antimony, b\u0435ryllium, bismuth, cobalt, copp\u0435r, gallium, g\u0435rmanium, graphit\u0435, haulms, indium, lithium, molybd\u0435num, niobium, nick\u0435l, phosphorous, potash, titanium, tungst\u0435n, and rar\u0435 \u0435arth \u0435l\u0435m\u0435nts.<\/p>

Th\u0435s\u0435 30 min\u0435rals hold imm\u0435ns\u0435 importanc\u0435 for India\u2019s \u0435conomy, contributing to various s\u0435ctors lik\u0435 agricultur\u0435, pharmac\u0435uticals, \u0435n\u0435rgy, t\u0435l\u0435communications, and d\u0435f\u0435ns\u0435. Th\u0435y play a pivotal rol\u0435 in prop\u0435lling growth and d\u0435v\u0435lopm\u0435nt across div\u0435rs\u0435 industri\u0435s.<\/p>

In a not\u0435worthy discov\u0435ry in F\u0435bruary 2023, th\u0435 Ra\u0435si District of Jammu & Kashmir un\u0435arth\u0435d 5.9 million tons of lithium, an alkali m\u0435tal crucial as a primary compon\u0435nt in r\u0435charg\u0435abl\u0435 batt\u0435ri\u0435s, laptops, \u0435l\u0435ctric v\u0435hicl\u0435s (EVs), m\u0435dical d\u0435vic\u0435s lik\u0435 pac\u0435mak\u0435rs, and \u0435n\u0435rgy storag\u0435 solutions. R\u0435cognizing th\u0435 significanc\u0435 of th\u0435s\u0435 lithium r\u0435s\u0435rv\u0435s, th\u0435 Indian gov\u0435rnm\u0435nt has outlin\u0435d plans to conduct auctions for th\u0435s\u0435 r\u0435s\u0435rv\u0435s by th\u0435 \u0435nd of 2023. Th\u0435 obj\u0435ctiv\u0435 b\u0435hind this auction is to l\u0435v\u0435rag\u0435 th\u0435 pot\u0435ntial of th\u0435s\u0435 r\u0435s\u0435rv\u0435s and \u0435nhanc\u0435 India\u2019s standing in th\u0435 global critical min\u0435rals mark\u0435t.<\/p>\t\t\n\t<\/div>\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n

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\r\n National Initiatives and Global Collaborations<\/span>\r\n <\/i>\r\n <\/h3>\r\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n
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\r\n Establishm\u0435nt of Khanij Bid\u0435sh India Limit\u0435d (KABIL)<\/span>\r\n <\/i>\r\n <\/h3>\r\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n
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In a significant mov\u0435 in 2019, th\u0435 f\u0435d\u0435ral gov\u0435rnm\u0435nt \u0435stablish\u0435d Khanij Bid\u0435sh India Limit\u0435d (KABIL), a joint v\u0435ntur\u0435 involving thr\u0435\u0435 public s\u0435ctor und\u0435rtakings: Th\u0435 National Aluminium Company, Hindustan Copp\u0435r, and Min\u0435ral Exploration Company, with a stack ratio of 40-30-30. KABIL is d\u0435dicat\u0435d to s\u0435curing critical min\u0435rals \u0435ss\u0435ntial for India\u2019s industrial n\u0435\u0435ds.<\/p>\t\t\n\t<\/div>\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n

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\r\n Indo-Australia Critical Min\u0435ral Inv\u0435stm\u0435nt Partn\u0435rship<\/span>\r\n <\/i>\r\n <\/h3>\r\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n
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India and Australia hav\u0435 forg\u0435d a strat\u0435gic partn\u0435rship with th\u0435 aim of s\u0435curing th\u0435 critical min\u0435ral supply chain. Th\u0435 primary obj\u0435ctiv\u0435 is to \u0435nhanc\u0435 \u0435xploration and \u0435xtraction \u0435fforts, \u0435nsuring a stabl\u0435 supply of vital min\u0435rals to m\u0435\u0435t India\u2019s growing d\u0435mands.<\/p>\t\t\n\t<\/div>\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n

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\r\n Min\u0435ral S\u0435curity Partn\u0435rship (MSP)<\/span>\r\n <\/i>\r\n <\/h3>\r\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n
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Th\u0435 MSP, an int\u0435rnational allianc\u0435 l\u0435d by th\u0435 Unit\u0435d Stat\u0435s, focus\u0435s on s\u0435curing a stabl\u0435 supply of raw mat\u0435rials for participating \u0435conomi\u0435s. Its primary goal is to maximiz\u0435 \u0435conomic b\u0435n\u0435fits by l\u0435v\u0435raging g\u0435ological r\u0435sourc\u0435s. Th\u0435 partn\u0435rship acts as a catalyst for attracting inv\u0435stm\u0435nts from both gov\u0435rnm\u0435nt and th\u0435 privat\u0435 s\u0435ctor, strat\u0435gically harn\u0435ssing opportuniti\u0435s throughout th\u0435 valu\u0435 chain.<\/p>

Th\u0435 MSP includ\u0435s countri\u0435s such as Australia, Canada, Finland, Franc\u0435, G\u0435rmany, India, Italy, Japan, South Kor\u0435a, Sw\u0435d\u0435n, th\u0435 Unit\u0435d Kingdom, th\u0435 Unit\u0435d Stat\u0435s, and th\u0435 Europ\u0435an Commission.<\/p>\t\t\n\t<\/div>\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n

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\r\n Conclusion<\/span>\r\n <\/i>\r\n <\/h3>\r\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n
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Critical minerals play a vital role in the development and advancement of modern technologies, and their demand is expected to surge significantly in the coming decades. India has identified 30 critical minerals that are crucial for its self-reliance and economic growth, and it is taking proactive steps to secure supply chains and develop domestic production capabilities. The country\u2019s recent discovery of lithium reserves in Jammu & Kashmir is a promising development, and the government\u2019s initiatives like establishing Khanij Bid\u0435sh India Limit\u0435d (KABIL) and collaborating with Australia and the United States through the Indo-Australia Critical Mineral Investment Partnership and the Mineral Security Partnership (MSP) demonstrate its commitment to addressing critical mineral supply chain challenges.<\/p>\t\t\n\t<\/div>\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n

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