International Conference on Indian Minerals and Metals Industry: The National Mineral Development Corporation Ltd. (NMDC), Country’s largest Iron Ore producer, a CPSE under Ministry of Steel and FICCI recently organized a conference on the Indian minerals and metals industry.

Key Highlights:

• It was organized from 23rd and 24th August in New Delhi on the theme ‘Transition Towards 2030 & Vision 2047.’
• This two-day event was organised in commemoration of the 75 glorious years of India's Independence and the ongoing “Azadi Ka Amrit Mahotsav” in collaboration with the Union Ministries of Steel and Mines.
• The programme was graced by speakers from across industry, policy and academia.
• Global and domestic producers, mineral organisations, policymakers, mine equipment manufacturers, country heads of global corporates, Central and State Government officials among others were also present.

Objective:

• The key objective of the event is to have deliberations on the roadmap for the minerals & metals sector to achieve the ‘Vision 2047’.

Key Points of the conference:

The conference had deliberations on the following:

• Industry Vision 2047,
• Global Landscape for Minerals & Metals Industries,
• New-Age Minerals:
• Demand-Supply-Trade Scenario,
• Technological Innovations and
• Enabling Factors facilitating Growth in Indian Minerals & Metals Sector.

Speakers gave insights from across industry, policy and academia.

The programme also witnessed a country panel discussion on the future of minerals and metals worldwide.

Significance:

• The conference will make it possible to understand the global commodities market for minerals and metals.
• It will highlight the inter-linkage between mineral development and economic growth.
• It will also highlight the developments in the international markets that can impact the Indian minerals and metals industry and identify opportunities in the Indian minerals and metals industry among others.

Note:

• India is well endowed with the majority of the world's mineral resources.
• India produces 95 minerals, including fuel, atomic, metallic, non-metallic, and minor minerals.
• The exploration and mining businesses have a lot to offer the country given the unexplored nature of the area.