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Amid China choke, PM Modi seeks critical minerals initiative

Amid China choke, PM Modi seeks critical minerals initiative

PM Modi at G20

NEW DELHI: PM Narendra Modi Saturday proposed a G20 Critical Minerals Circularity Initiative, saying for global growth, sustainability and clean energy are essential, and critical minerals have a huge role to play.“Under this, innovations such as re-cycling, urban mining and second-life batteries can be promoted,” said Modi, addressing a G20 meeting in Johannesburg. This comes amid concerns China is leveraging its chokehold over supply of rare and critical minerals to further its strategic goals.“If there is investment in circularity, then dependence on primary mining will be less. This will also reduce the pressure on the supply chain, and it will also be good for nature. This initiative can support joint research, technology standards and pilot recycling facilities in the Global South,” Modi said.Resilience cannot be built in silos, stressed the PM. “The G20 should promote comprehensive strategies that combine nutrition, public health, sustainable agriculture, and disaster preparedness, to create a robust global defence,” he said.PM Modi also suggested a G20 open satellite data partnership saying India believes that the entire humanity should benefit from space technology.“This will make satellite data and analysis of space agencies of G20 countries more accessible, interoperable and usable for countries in the Global South,” he said.

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