The Union Coal and Mines Minister announced the Aluminium Vision Document during the International Conference on Sustainable and Responsible Mining in Hyderabad, aiming to establish India as a worldwide aluminium production center by 2047
What does it mean?
A strategic policy framework to revamp India’s aluminium sector for self-sufficiency, clean energy shift, and international competitiveness.
Released by: Government of India, Ministry of Coal and Mines.
Objective: To sustainably increase aluminium production and position India as a top global contender in green aluminium.
Essential Aspects of the Vision Document
Significant Production Growth: Aims for a six times boost in aluminium production capacity by 2047 to satisfy upcoming strategic and economic needs.
Enhancement of Raw Material Supply: Seeks to increase bauxite production capacity to 150 MTPA, guaranteeing sustainable raw material availability.
Circular Economy Initiative: Strategies to increase India’s aluminium recycling rate twofold, minimizing reliance on primary resources.
Adoption of Green Technology: Emphasize low-carbon, energy-efficient solutions to meet net-zero objectives and sustainable progress.
Policy and Institutional Reforms: Suggests specific changes for more efficient mining approvals, quicker project authorizations, and improved resource management.
Strategic Importance: Aluminium recognized as an essential mineral crucial for clean energy (solar, wind), electric vehicles, defense, and infrastructure.
Importance of the Vision Document:
Clean Energy Transition: Aids India’s efforts to decarbonize by endorsing aluminium as a lightweight, recyclable eco-friendly metal.
Economic Growth Catalyst: Boosts production, trade, and employment throughout the aluminium supply chain.
Technological Advancement: Promotes research and development for cutting-edge smelting techniques and the digitalization of aluminium manufacturing procedures.
Atmanirbhar Bharat Vision: Strengthens self-sufficiency by decreasing reliance on imports and transforming India into a worldwide manufacturing center.
Environmental Leadership: Establishes India as a leader in responsible mining and sustainable aluminium production.
At International Conference on Sustainable and Responsible Mining in Hyderabad, the Union Coal and Mines Minister unveiled the Aluminium Vision Document
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At International Conference on Sustainable and Responsible Mining in Hyderabad, the Union Coal and Mines Minister unveiled the Aluminium Vision Document
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PNGRB Endorses Changes to Natural Gas Pipeline Tariff Rules
Indian Diaspora in Trinidad and Tobago
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