As Modi Govt allows pvt companies to mine critical minerals, abridged Ep 702 on what are rare metals
HTML-код
- Опубликовано: 14 июл 2023
- Modi govt has paved way for commercial mining of six critical minerals including lithium as well as deep-seated minerals such as gold, silver, and copper. In episode 702 of #CutTheClutter published on 12 March, 2021, ThePrint Editor-In-Chief Shekhar Gupta explains what are rare earths - a resource that is difficult to find and obtain in most parts of the world which includes lithium, and also explains how they are geostrategically critical and monopolised by China.
---------------------------------------------------------------------------------------------
Exclusive content, special privileges & more - Subscribe to ThePrint for Member benefits: theprint.in/subscribe/
---------------------------------------------------------------------------------------------
Connect with ThePrint
» Subscribe to ThePrint: theprint.in/subscribe/
» Subscribe to our RUclips Channel: bit.ly/3nCMpht
» Like us on Facebook: / theprintindia
» Tweet us on Twitter: / theprintindia
» Follow us on Instagram: / theprintindia
» Find us on LinkedIn : / theprint
» Subscribe to ThePrint on Telegram: t.me/ThePrintIndia
» Find us on Spotify: spoti.fi/2NMVlnB
» Find us on Apple Podcasts: apple.co/3pEOta8
Being a materials scientist myself, I have never been more turned on than Shekhar Ji explaining rare earths and alloying 😆😅
Did the cocktail based explanation get you? 😂
Is it true that India's rare earth reserves exceeds that of the US & Australia combined? 10:57 bingo!
@@shreej9216 Yes :D
To skip the lesson on 'rare earths and their uses': 10:06
Yogendra yadav dressing up as miner to protest
😂
Shekhar ji thanks for covering such critical issues 😊
A lot of initiatives are happening in India recently connected to rare earths specifically, and critical metals broadly. These include identifying 30 metals as critical metals, removing six mineraks from atomic minerals list, encouraging private sector participation in exoloration, mining, and processing activities, and giving a push to circular economy and urban mining (mining materials from urban waste streams- e.g., e-waste, end of life vehicle waste, construction and demolition waste etc.). I have been working on some elements of the last point.
Shekar ji, this is one of your most consequential CTC. Thank you and hope your finger heals soon.
Its an older episode
Thank you Sekharji for your wonderful story on rare earths, and china dominance.
Its an insightfull information. I appriacte your science backed information which is more weighted..
but when some company govt/pvt start mining , these same journalist/print will organise 'andholan' and subotage mining ,this same national asset that sir is mentioning. No judicious and forward thinking attitude among media. Instead of directing nation towards good ,most media is party biased and detrimental to national interest. Time to think seriously about duties and rights of journalists.
Our country is built like that we are extremely biased towards one side of politics. Every gov has used this fact to prop up themselves. And every person is ready to accept facts without doing some research. We see bias we bias in media, then we choose sides based on that media and soon we start fighting for the most baseless useless piece of information ever all because of money and power.
Very true ; Why India is not able to mine beyond 1 percent ???? In China no protests ; If so , they will be evacuated to undisclosed places ; Here , leftists will start protesting ; Thats the end of the story for mining ; Hell with the son of the Soil policy which is affront to economic growth which in turn improve the society ; Vedanta a renowned mining company had been forced to close and India imports copper at high price ;
Thank you very much sir for the information shared
Beautiful. Very well done.
Mining the TALENT in our youth is what is the need of the hour for our Nation.
Our Nation has most abundant talent that needs to be discovered.
Are we investing in Talent mining?
Very good is your curiosity.
You and your youths in thosands if not in lakhs go and meet modi asap.
It is more important, it is already late and if you n youths delay you all become middle age .
So hurry up.
After all there are lakhs of youths in big cities.
Meet all the ministers of govt of india aswell.
Answer is No, instead talent like scientists are going abroad. No Indian government cared
Government mining will be very slow and inefficient.
That's why they are being auctioned to the private sector actually.
But I am concerned that USA companies will exploit these mines. Remember, the week where news came in about Lithium reserves in J&K, the same week USA sent its Renewal and Energy dept representative to India, to bully India and secure that vast reserve. USA knows how to arm twist India. Pity!
If i recollect correctly, one of the greatest hits of rock band Rare Earth was " talkin about mama'.
Govt should just take royalties. The government has no business in mining
Congrats adani ji for new business
US military research labs played around with various metals on the periodic table for various applications. All the research and exploitation was in the US, but environmentalist made the processes of refining these minerals unprofitable, so companies either outsourced or sold capabilities to countries with “loser” restrictions. There are dozens of substitutes for these minerals in most applications. The technology for processing these minerals is awesome getting “greener”, and/or countries could loosen environmental laws if it becomes a real concern. Most advanced economies seem to focus on recycling to get most of what is needed.
it would be very useful if someone released a detailed table of significance of all elements with uses of each of their isotopes, geopolitical importance, scope for setting up industries, etc. basic information should be compiled, instead of per element discoveries of importance like this video.
@@akhil999in You also have to understand the chemicals and processes used to extract these rare elements in order to get a full picture. I suspect this is why China‘s been working with Germany closely to get to be a SF to invest locally, and why China had to end is embargo of Australian coal.
Govt is always slow. This should have been done 5 years back and I'm 100 percent sure extraction of lithium will take 10 more years. Though I hope it's done faster this time.
Great analysis
Hope finger heals quick Shekar ji.
At last our government is doing the right thing but I am afraid whether people in general are at all bothered about it, a great book is available on this subject titled "the rare metals war" by G Pitron
I was almost expecting you will tell Vibranium 😉
Good insight
Wow! You are an Asterix fan ❤️
Hope you finger heals well Shekhar.
Would be good to do a deep dive into why India can’t mine more than 2% or our rare earths.
I'm very curious what India does with the radioactive waste coming from the rare metal mining process. We don't have a lot of spare land to bury this waste.
India has lot of light rare earth in BSE of our south coastal areas.
What’s BSE ; common parlance it is Bombay Stock Exchange
@@realShikha885 Can you tell some MSME which is export Competitive ;
Can we extract these minerals from daily uses products
Good one..
Can you speak about India's public sector banks turnaround in recent years
Turnaround at the cost of low interest rates to common public/retired people, despite 6-7% gap between lending and deposit rate, thanks to high provisions for write-offs. 80% people have no clue how the whole system just earns a lot from their hard work and keeps 80% of population at slow progress mode for generations.
governance of india should work like a team of scientists. our style is like a team of lay men. lay men jump from one surprise to the next, scientists make overall plans based on general theory and then work from detail to detail.
nehru was right about scientific temper, but did not create it at the highest level. we should stop being a country of amateurs.
Let's see now who gets these mining contracts
SG your decluttering is like a Alfred Hitchcock's story. I can equate with 1) Sterling Industry not allowed in produce copper from Rathanagiri in Maharashtra, Jamnagar in Gujarat finally landed in Tuticorin in TN. 2) These Mineral sand already mined by DCW both in Gujarat and TN but all are industrial grade but the grade you were talking in mined by a company called VV Mineral is private... but when Tatas tried the value addition it turned into a political war between parties, caste and finally the owner put in jail for illegally mining and stocking privately. The question how to handle waste which will be 75 ℅ after extraction of 100kg.Politicians were not interested in Tatas since they don't entertainment Election bonds but Vedanta will. This is hiden experience of a manufacturing professional of 40 years
We had these minerals for the past 50 years but now we wake up ha india being india
Contract will go to Reliance/jio, Vedanta or Adani group
There are many defence companies which are private now. Government of India and US are their customers. Don’t be so pessimistic till you find more details
What kind of dung is opposition filling minds of Indian electorate with?
Or Vadra group
Wilmar too
what is wrong if they get contract in a transparent way or else why dont you start a mining company. Very easy to comment ,try running a small company or team then you will be empathetic to large companies which give job to millions.
Seems like there are lot of folks in comment section who are interested in mining or their daddy is mining since decade.
Good decisions but hope the licence is given to good companies rather than chor companies like Vedanta.
Vedanta is not choir company. It got a target on its back due to fake news and petty politics.
All that is good sir, by not allowing mines to a profitable Vizag steel Plant is not justifiable either for BJP now or Congress then
@21:42, that must be Rupert Murdoch.
That's what I was thinking also
You should have it in hindi language as well?
Permanent magnet is company recently incorporated new company quadrant Intenational to work on neodymium magnet.. tie up with quadrant us company
indian rare earths ltd., is a golden goose but it appears not to be laying any eggs, golden or ordinary. it should be given private management that can get orders and increase production.
It is certainly a golden goose laying eggs for select few and not for public 😂
its oublic property how can it be given to pvt companies....its not fenku pvt property...
50yr se reserve rakha h n...uska pakoda khayega
So you go and mine?
Talking as if you are the only tax payer and paying tax in millions
lol, go start a company and apply for permit to mine if you want. no one is stopping you except your cognitive dissonance.
@@rajput2736,😂😂😂👍👍
Man audacity of these idiots
No kickbacks needed..all the contracts will be handed out to you know who..the Big A ..of course..laughing all the way to the bank..our ex law ministry in charge is already in place..get the drift.
Who else has the ready capital to invest?
Your finger.😯
These private cos sell to foreign countries for higher price like cheap russian gas.
Private sector should be involved in a big way
Meanwihile Congress rumour mill is busy in churning the slogan "Desh Bech Diya"
Great, can I get project to mine them and get rich, oh wait I don't have capital to invest. Can I work hard and make money n then come back ?
Sir, please get a better mic.
In India, Only Macaulay sons would lnow rare earth band name
10 rupees on bet who's going to open a company to acquire another company which will win all the mining rights?
Ghandy's?
Bolivia... Chile.... Argentina.. lithium triangle 📐📐📐❤❤❤
which private players?
Mining causes a lot of environmental destruction keeping that in mind gov should not allow exports
পরিবেশ এর ক্ষতি তো হবেই
once we allowed population to grow almost four fold, we should officially stop talking about environment. there is no way to save environment and still allow one point two billion more people to get air conditioners, cars, modern flats, air travel, electricity, and other items of prosperity. either prosperity has to be banned or environment has to be sacrificed, with all its consequences.
we cannot have magic and get both prosperity and saved environment.
How your finger injured
Neodymium is pronounced as neo-dee-mium not neo-die-mium😊
Bertil Lynter said China gets a lot of its rare earth's from guess where? Burma. Oh yeah. Bet there's a story there😊
NdFeB magnets
That's the reason behind american bonhomie.
S😊
India needs to explore the possibility of working with Afghanistan (Taliban). Possibly, it has the largest reserves for Lithium.
Oh my goodness. Another aspect of privatisation. Woooh.
Adani on the way to bank to take money to make a new company" Adani Rare earth"
Your finger broke again...oh no 😢
Commercial mining of lithium and critical minerals is impossible for India. India doesn't have advance technologies like China.
I hope that attitude is not pervasive. China had to learn too. And so can India.
@@mohasat01 China is very humble and cooperative country.
@@humpydumpy2432 But India does not have to learn from China. There are many mining companies that know about refining Rare Earth minerals. In any case, this is a two phase process - mining and then refining. For refining, you can ship your minerals for processing.
It will all be cornered by Adani group
I can't get what you want actually. You want to break Chinese monopoly on rare earths industry. Or help China further strengthen its hold by handing over Indian rare earths mines to China for a price. Or you want to help the US by selling the mines to it so that it can send it to China for extracting the rare metals and sell the metals to India so that US makes profits.
And it is not because of lack of environmental laws in China it is thriving on rare extraction industry but because Chinese establishment has national spirit which India lacks.
Business as usual for hum dho hamara dho.. euphorians keep believing that we have already become super power.. education and knowledge doesn't make people wise, wisdom is required unfortunately those blinds sanghis lack everything
China does not have rare earths. China has lacks environmental laws and a lot of people they don’t care about. Australia has minerals. Australia is a member of the quad. Without Australian coal, I doubt China would even be able to process these minerals. Check mate.:::
17:05 "...the chinese think in the long term" everyone else thinks in the short term.
just like how putin, "the mastermind" "former kgb..." ... played chess while everyone else played checkers.
refrain from exaggerating, overhyping these clowns. otherwise you are just being part of the problem.
Lithium is not a rare earth mineral but because it is heavily used today to make batteries for electric vehicles, it is in high demand. I don't watch your stuff generally because it is too long and strays from the topic you're covering with too much that is not nedessary. In this case I sampled you presentation and found info near the end. To generate high viewership, look at what others are doing - short and to the point. Just a suggestion.
Adani. Or Ambani group will buy it
Mining and refining should be done independently by government companies or with collaboration with private. Total private mining and refining should not be given to private corporates, especially western companies.
can it be given to eastern , northern , central or southern countries?
Lol what Govt PSU has invented since 1947 😂😂 Consumer needs cheaper, reliable products doesn’t matter who does it
Maoists: 😡😡😡
And you still want congress to comeback to power 🤦♂️
*Nope... just to the coterie of his dear friends!*
Good luck to get environmental clearance in India 😂😂 Leftist will start protest
Funny that u compare cotton & rare earths exports ,they r no way the same and wests choice was to protect their environment & water resources.. some how adding china has lot of desert where as usa or Australia does not have desert shows u r expertise in geography😅....mining is polluting & not a major job creator .... India will be used and politicians , mining barrons will get rich nothing else will happen by this privatization
Correct.
I am concerned that USA companies will exploit these mines. Remember, the week where news came in about Lithium reserves in J&K, the same week USA sent its Renewal and Energy dept representative to India, to bully India and secure that vast reserve. USA knows how to arm twist India. Pity!
21:33 - so in another words in 2011 Rupert Murdoch suggested you in person that our Congerss/Left politicians were bribed by Chinese to not allow India exploit its own vast rare earth reserves .
Be careful of Gupta. He is insider for our corporate and development initiative . He plays for chin and soros in vile.He does not want india become self suffice in Energy security. Modi is jamming gupta type press ti tude to make dollar by demeaning india
Be careful when listening such ante nationals
what was india doing for 70 years … indian so late to everything looks like
India is like bhed bakri. We like to be follower in, not all, but most cases. Being a leader should be priority
@@gauravdube8133it is the effect of thousands of years of religious brain wash, killing all spirit, curiosity, initiative, and courage. if indians want fast progress and freedom from always begging others for everyghing, they have to get rid of the fascination for religious superstition and start thinking freely.
@gauravdube8133 it is the effect of thousands of years of religious brain wash, killing all spirit, curiosity, initiative, and courage. if indians want fast progress and freedom from always begging others for everything, they have to get rid of the fascination for religious superstition and start thinking freely.
Environment should not be destroyed
@@akhil999inthe Ms of india are more religious than others
Adani is coming
Why don't you go and mine then?
@@karundt7560He can't, this clown doesn't want to do anything or knows anything about Economic development or mining but will b@rk nonsense.
TRUE. Without jio, Adani and Birlasoft there will be at least a million crooks sharing these. Shut.up and look out for good jobs.
Or Vadra
Ohh 😮 another red carpet for business class. V common PPL keep paying tax for nothing n political tamasha. Acche Din 😂
Why dont u buy the mines..
You are using a busineas product in ur hand..Throw it in the bin.
Do IT, South people have high IQ, don't be a jealous young man.
@@artis4985 that doesn't allow to provide national assets to few business family n make them richest in few years. Think b4 advocating blindly. Rest u r smart.
@@SHREYAS19FEBYes, why doesn't government mine it and deliver it straight to the door steps of people like you.
Mu mae ju aata hai bokta hai abbhe.itna achan huta tu kidhar tha pehle Bhai tum ab😊hi jonom liya hai kiya beta ju bhi tura achieve Kiya wo tumara kudka dompe nahi Western countries ka companies ka dompe jada bok bok korega lok kiutta bikega kiyaki jitna ka okad ushi bat korow