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Sustainable and Responsible Mining
Sustainable and Responsible Mining
Increased Focus on Exploration and Mining of Critical Minerals: With the growing
demand for clean energy technologies, there is a renewed focus on exploration and
mining of critical minerals required for electric vehicles, renewable energy
systems, and advanced electronics. These minerals include lithium, cobalt, nickel,
and rare earth elements.
Consolidation and Mergers: The metal and mining sector in India has been
experiencing consolidation and mergers, leading to the creation of larger mining
companies. This trend aims to achieve economies of scale, enhance operational
efficiency, and streamline the supply chain.
Regulatory Reforms: The Indian government has been implementing regulatory reforms
to attract investment, streamline approvals, and promote ease of doing business in
the mining sector. These reforms aim to boost exploration activities, facilitate
mineral extraction, and attract domestic and foreign investments.