Two-day Mineral Summit organized by Ministry of Mines

The Mineral summit was organized by the Ministry of Mines in collaboration with Shakti Sustainable Energy Foundation (Shakti), Council on Energy, Environment and Water (CEEW) and Indian Institute of Sustainable Development (IISD) from April 29 to April 30, 2024 at Lodhi Estate, New Delhi. going.

Theme of the summit –“Critical Minerals Summit: Enhancing Beneficiation and Processing Capabilities”

About Critical Mineral Summit

• This conference is a flagship event developed to promote cooperation, knowledge sharing and encourage innovation in the beneficiation and processing sector of critical minerals.
• The summit is being held against the backdrop of India’s rapid economic growth and ambitious clean energy targets, given the urgent need to ensure domestic supply of critical raw materials (CRMs) required for key technologies, including renewable energy systems and electric vehicles. underlines
• Will provide a common platform to Indian and international stakeholders including leading industry representatives, startups, government officials, scientists, academicians and policy experts.
• The key features of the conference include technical sessions on eight major minerals. These sessions will provide opportunities for business-to-business collaboration and knowledge sharing.
  • The eight major minerals are glauconite (potash), lithium-rare earth elements (laterite), chromium, platinum group, graphite, tungsten associated with graphite, rare earth elements (RE) and vanadium associated with graphite.

Goal of the conference

• The objective is to provide industry stakeholders with the knowledge, connections and tools needed to accelerate domestic production of CRM and support India’s economic and sustainable development objectives.

About Shakti Sustainable Energy Foundation (Shakti)

• Established: Year 2017
• It is a non-profit organization in India that works to promote environment-friendly and sustainable energy solutions.
• Objective: Its main objective is to promote renewable energy technologies, tackle climate change and increase access to electricity in rural areas.

Council on Energy, Environment and Water (CEEW)

• Established: Year 2001
• It is a leading non-profit policy research organization in India.
• Objective: Its main objective is to develop meaningful policies and solutions related to energy, water and environment.
• CEEW’s work focuses on various areas such as energy security, environment, climate change, industrial energy, water management, urban development and resource security.

About Indian Institute of Sustainable Development (IISD)

• Established: Year 2001
• It is a leading non-profit policy research organization in India.
• Objective: Its main objective is to research and promote policies, practices and solutions related to sustainable development.

About Essential Critical Raw Materials (CRM)

• Essential critical raw materials (CRM) are minerals that are essential for high-tech products and environmental technologies.
• CRM are metals, semi-metals and metal ores whose shortage could affect the manufacturing of high technology products, renewable energy technologies and strategic products.
• Example: Lithium, cobalt, tungsten, manganese, graphite, platinum group elements etc. are some examples of CRM.
• Importance: CRMs are very important in the manufacturing of batteries, solar panels, wind turbines, electronic components, aerospace and defense equipment.

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