Breaking: India Starts Critical Minerals Summit To Boost Economic Growth

Positive India:New Delhi:
The Ministry of Mines, in collaboration with the Shakti Sustainable Energy Foundation (Shakti), Council on Energy, Environment and Water (CEEW), and Indian Institute of Sustainable Development (IISD), will hold “Critical Minerals Summit: Enhancing Beneficiation and Processing Capabilities” from April 29th to April 30th, 2024, at the India Habitat Centre in Lodhi Estate, New Delhi.

The Critical Minerals Summit is a pivotal event designed to foster collaboration, share knowledge and drive innovation in the field of critical mineral beneficiation and processing. The summit is set against the backdrop of India’s rapid economic growth and ambitious clean energy targets, which underscore the urgent need for securing a domestic supply of Critical Raw Materials (CRMs) essential for key technologies, including renewable energy systems and electric vehicles.

The summit will bring together a diverse array of Indian and international stakeholders, including industry leaders, startups, government officials, scientists, academics, and policy experts. Participants will engage in active dialogue and interactive workshops focused on critical issues such as mineral auction progress, policy incentives for CRM ecosystem development, and the advancement of commercially viable and environmentally sustainable solutions.

Key features of the summit include technical sessions on eight key minerals: Glauconite (Potash), Lithium – Rare Earth Elements (Laterite), Chromium, Platinum Group, Graphite, Tungsten associated with Graphite, Rare Earths (RE), and Vanadium associated with Graphite. These sessions will provide valuable opportunities for business-to-business collaboration and knowledge sharing.

The goal of the Critical Minerals Summit is to equip government and industry stakeholders with the knowledge, connections, and tools necessary to accelerate the domestic production of CRMs, supporting India’s economic growth and sustainability objectives.