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🔆 Critical Minerals

✅ A mineral is labelled as critical when the risk of supply shortage and associated impact on the economy is relatively higher than the other raw materials.
✅ The risk of supply shortage would ideally capture import dependence, recycling potential, and substitutability of these minerals.
✅ The Centre for Socio and Economic Progress (CSEP) in its paper “Assessing the Criticality of Minerals in India” (2023) evaluated the criticality of minerals in India based on two dimensions:
🔸economic importance for the Indian economy and
🔸supply risks.

CURRENT AFFAIRS ONLY
🔆 Critical Minerals

✅ A mineral is labelled as critical when the risk of supply shortage and associated impact on the economy is relatively higher than the other raw materials.
✅ The risk of supply shortage would ideally capture import dependence, recycling potential, and substitutability of these minerals.
✅ The Centre for Socio and Economic Progress (CSEP) in its paper “Assessing the Criticality of Minerals in India” (2023) evaluated the criticality of minerals in India based on two dimensions:
🔸economic importance for the Indian economy and
🔸supply risks.
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🔆 Critical Minerals

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