Critical minerals policy soon to reduce dependence on China

A comprehensive critical minerals (CMs) policy is likely to be announced later this month as inter-ministerial discussions on the plan are close to wrapping up, people aware of the development told ET. Critical minerals (CMs) such as copper, lithium, nickel, and cobalt, and rare earth elements (REEs) are key to clean energy technologies as they are needed for production of wind turbines and solar photovoltaic cells to electric vehicle (EV) batteries and electricity magnets - all witnessing phenomenal growth in demand across the globe.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.