Bhubaneswar / New Delhi, Jan 20 (FN Bureau) India is poised to become a global destination for critical minerals, Union Mines Minister G. Kishan Reddy said. Speaking at the third National Mining Ministers’ Conference in Konark on Monday, Reddy highlighted the importance of critical minerals in strengthening infrastructure, industries, and national security. “We are pioneering offshore mineral auctions for the first time in 75 years to enhance self-reliance and reduce import dependence,” the Union Minister said and urged states to accelerate the exploration and auctioning of critical minerals while adhering to sustainable mining practices.
Odisha Chief Minister Mohan Charan Majhi emphasized the state’s pivotal role in India’s mining landscape, citing its abundant mineral resources and commitment to sustainable mining. “Odisha will continue to lead the country in achieving the dream of a Vikshit Bharat (developed India),” Majhi said. The Chief Minister added that the platform would provide valuable insights through in-depth discussions on achieving sustainable mining practices. “We must not forget that natural resources, especially minerals, are finite and cannot last forever,” he cautioned. Majhi further stressed the need to shift from an export-led mining economy to a consumption-led approach, ensuring long-term sustainability without harming the environment. During the conference, the Best Practices on Mine Closure booklet, which outlines strategies for effective mine closures with minimal environmental and social impact, and the States’ Best Practices in Mining booklet, showcasing innovative and sustainable approaches adopted by various states, were released. A key highlight was the launch of the Mining Tenement System (MTS) by the Union Minister and Odisha Chief Minister.
This advanced digital platform is designed to streamline processes, enhance transparency, and improve efficiency in mineral resource management. The conference also marked the announcement of the Fifth Tranche of Critical Mineral Block Auctions, offering 15 blocks across eight states. These include essential minerals like graphite, tungsten, rare earth elements (REE), and nickel. This initiative underscores the government’s commitment to leveraging India’s mineral wealth for economic growth and strategic self-sufficiency. Secretary of the Ministry of Mines, V.L. Kantha Rao, highlighted the government’s focus on domestic critical mineral production through the soon-to-be-launched National Critical Mineral Mission (CMM). He also noted that 75 percent of mining block auctions have been conducted in the last four years, with Odisha contributing Rs.1.33 lakh crore in mineral revenue over the past decade. The conference provided a platform for State Mining Ministers to share their visions for the mining sector.
Ministry officials delivered presentations on topics such as AI in exploration, offshore mining facilitation, and the operationalization of mineral blocks. Presentations from 11 states showcased their auction processes and best practices, fostering knowledge-sharing and innovation. Additionally, the Ministry of Environment, Forest and Climate Change (MoEFCC) offered key insights on forest and environmental issues, outlining a roadmap for sustainable development. The Directorate General of Mines Safety (DGMS) presented critical updates on safety measures and advancements in the mining sector. These sessions aimed to pave the way for informed decision-making and progressive policies, ensuring a balanced approach to economic growth and environmental conservation. Mining Ministers from 14 states, senior ministry officials, industry leaders, and key stakeholders attended the conference.