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Critical Minerals and India - Coggle Diagram
Critical Minerals and India
Central idea
Based on economic importance and supply risks which are determined through the evaluation of specific indicators
Centre has identified 30 critical minerals, including lithium, cobalt, nickel, and graphite
What are
Critical Minerals?
Antimony, cobalt, gallium, graphite, lithium, nickel, niobium, and strontium are among the 22 assessed to be critical for India
Used in making mobile phones, computers, batteries, electric vehicles, and green technologies
Critical in green technologies, high-tech equipment, aviation, and national defence
Crucial to modern-day technologies and are at risk of supply chain disruptions
Why are these
resources critical?
Strategic nature
Rare availability
Clean energy transition
What is the
China ‘threat’?
Control over offshore mines
Monopoly in processing
Supply chain dominance
Dominant role
Challenges in ensuring
resilient supply
Dominance of certain countries
Increasing demand for critical minerals
Geopolitical risks
Reliance on foreign partners
Limited availability of critical minerals
Way forward
for India
Developing recycling capabilities
Investing in research and development
Encouraging responsible mining practices
Developing a national critical minerals strategy
Developing domestic sources of critical minerals