Critical minerals emerged as drivers of modern economy: Coal minister

Quick Summary:

Coal and mines minister G Kishan Reddy on Thursday said that critical minerals have emerged as drivers of the modern economy and the Centre has ensured the country taps into this global opportunity through the launch of the National Critical Mineral Mission.

Union Budget 2024-25 has proposed launching Critical Mineral Mission for domestic production, recycling of critical minerals, and overseas acquisition of critical mineral assets.

Its mandate will include technology development, skilled workforce, extended producer responsibility framework, and a suitable financing mechanism.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Minerals supply Coal ministry Minerals industry Critical minerals

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-08 @ 19:19:51 (13 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 287 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 21985468

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