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India reclassifies key minerals to boost mining and cut imports, crucial for tech and defense.
The Indian government has reclassified minerals like barytes, felspar, mica, and quartz from minor to major, aiming to boost mining and reduce reliance on imports.
These minerals, found in pegmatite rocks, are crucial for advanced technologies in electronics, electric vehicles, defense, renewable energy, and healthcare.
The reclassification supports the recently approved National Critical Mineral Mission and extends lease periods to 50 years.
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India reclasifica los minerales clave para impulsar la minería y reducir las importaciones, cruciales para la tecnología y la defensa.