India CSR Network
No Result
View All Result
  • Login
  • Register
SUBSCRIBE
  • Home
  • CSR
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Environment
    • Education
    • Gender Equality
    • Health
    • Skill Development
    • No Poverty
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Articles
  • Interviews
  • Events
  • BOOKS
  • More
    • Technology
    • Lifestyle
    • Case Studies
    • Knowledge
    • Social Sector Leaders
    • Social Entrepreneurship
    • Philanthropy
    • Sports
    • Gaming
  • Prime
  • Home
  • CSR
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Environment
    • Education
    • Gender Equality
    • Health
    • Skill Development
    • No Poverty
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Articles
  • Interviews
  • Events
  • BOOKS
  • More
    • Technology
    • Lifestyle
    • Case Studies
    • Knowledge
    • Social Sector Leaders
    • Social Entrepreneurship
    • Philanthropy
    • Sports
    • Gaming
  • Prime
  • Login
  • Register
No Result
View All Result
India CSR Network
No Result
View All Result
Home More

Experts Advocate More Exploration of Rare Earth Sector

by India CSR Network
7 years ago
in More

Rare earth oxidesIndiaCSR News Network

NEW DELHI : Rare earth experts have called for more exploration of the sector to bridge the demand-supply deficit of these elements due to increasing needs the world over.

India has enormous potential in the sector as it has a long coastline rich in deposits but it has to ramp up its indigenous production, Prof Sidney J L Ribeiro, Institute of Chemistry, Sao Paulo State University, UNESP, Brazil said.

In this regard, he said private sector can play a crucial role in managing the demand-supply deficit.

Prof Stefan Lis, Head, Rare Earth Department, Adam Mickiewicz University in Poznan, Poland, said since 2010 there was a big gap in production of rare earth elements and demand due to increasing needs, especially for magnets and phosphorous.

Ribeiro said China retains 90 per cent of Rare Earth business globally.

“Rare Earths are very important for critical applications and every country has been focusing on the ways and means to get rare earth minerals,”  he said.

V Subramanian, Director of Tamil Nadu based V V Minerals, one of the major players in heavy minerals in the country, said more exploitation of rare earth minerals would trigger a huge manufacturing revolution in the country.

These rare earth elements were very critical components in solar cells, magnets besides windmills, motors, automobiles and defence electronics, he said.

CSRBooks.com CSRBooks.com CSRBooks.com

India has the highest monazite reserve in the world with 11.39 million tonnes.

“Monazite is the richest rare earth raw material available in the world with close to 60-65 per cent of total rare earths” he said.

Though, public sector IRE is dealing with rare earth for more than 50 years now, ‘they are hardly contributing to it.’

While India was making efforts to increase production of heavy minerals such as monazite and rare earth elements, these fall short of present requirements, he said.

“The shortfalls are also because private companies are barred from producing monazite, due to its applications in nuclear power production, with public sector companies, such as Indian Rare Earths Ltd, being dominant producers in India,” he added.

Stressing the need for achieving self-reliance in this critical sector, he said with limitations of public sector units in matching global standards of production, it was time to permit private sector entities to process monazite from their existing facilities.

The experts were addressing a three-day International Conference on Science, Technology and Applications of Rare Earths, which concluded here yesterday.

(Report first appeared with Business Standard)

ShareTweetPin

India CSR Network

India CSR is the largest tech-led platform for information on CSR and sustainability in India offering diverse content across multisectoral issues. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting. To enjoy the premium content, we invite you to subscribe it.

Related Posts

Union Budget 2022: Tax Rebates in Budget for Realty Vital for Salaried Class
More

Union Budget 2022: Tax Rebates in Budget for Realty Vital for Salaried Class

January 19, 2022
India’s Veteran journalist Vinod Dua passes away
More

India’s Veteran journalist Vinod Dua passes away

December 5, 2021
Meet a NGO Leader who digs up dirt to set right system
More

Meet a NGO Leader who digs up dirt to set right system

August 10, 2021
More

Republic or Democratic?

January 22, 2021
Brand Identity of India CSR Network
CSR

Nomination invited for India CSR Professional of the Year Awards

August 4, 2021
More

Value of Books in Life

August 4, 2021
More

Google generates its 83% of revenues from the display of ads

August 4, 2021
More

Reliance Foundation Hospital rewarding medical staff with extra pay

August 4, 2021
CSR

Covid-19: ITC’s Paperboards and Specialty Paper Business lend its support to the needy in Telangana

August 4, 2021

Popular Stories

  • Lupin Terminates 300 Staff

    Lupin Terminates 300 Staff

    0 shares
    Share 0 Tweet 0
  • What is liberalization?

    0 shares
    Share 0 Tweet 0
  • 7 Reasons Why Smartphone Can Make Your Life Easier

    0 shares
    Share 0 Tweet 0
  • QNET CSR Arm Supports Electrification Project to light up the lives of 470 villagers in Meghalaya

    0 shares
    Share 0 Tweet 0
  • MCA amends Schedule III of Companies Act on disclosure norms in financial statements and Details of Corporate Social Responsibility (CSR)

    0 shares
    Share 0 Tweet 0
India CSR Network

  • Home
  • About Us
  • Team
  • Partnership
  • Contact
  • Terms of Use
  • Subscribe

No Result
View All Result
  • Home
  • CSR
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Environment
    • Education
    • Gender Equality
    • Health
    • Skill Development
    • No Poverty
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Articles
  • Interviews
  • Events
  • BOOKS
  • More
    • Technology
    • Lifestyle
    • Case Studies
    • Knowledge
    • Social Sector Leaders
    • Social Entrepreneurship
    • Philanthropy
    • Sports
    • Gaming
  • Prime
  • Login
  • Sign Up
  • Cart

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
Sign Up with Linked In
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In