Critical Minerals Summit | 06 May 2024

Source: PIB

Recently, the Critical Minerals Summit was concluded in New Delhi on a note of strategic collaboration and policy insights, marking significant strides towards India's critical minerals objectives.

  • The summit was organised by the Ministry of Mines in collaboration with Council on Energy, Environment and Water (CEEW), and the International Institute for Sustainable Development (IISD).
  • The objective of the summit was to equip government and industry stakeholders with the knowledge, connections and tools necessary to accelerate the domestic production of Critical Minerals.
  • The discussion emphasised a cluster-based approach to enhance synergies in mineral extraction, refining, and utilisation, especially in low-carbon technologies.
  • The summit stressed on the need for regulatory clarity, financing structures, and ESG standards to attract investors.
  • Organisations like Invest India were commended for their facilitation services in establishing processing capabilities in India.

Read more: Critical Minerals for India