
Strategic assets: How to turbocharge India's global hunt for critical minerals
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Scouring the planet for access to scarce minerals is new not just for India, but also for other countries. From missiles to solar cells and motors that propel vehicles, some of these play an irreplaceable role. The chase is especially compelling for us since domestic resources are limited and under-explored. Worse, at a global level, these assets are concentrated. For instance, Congo holds about half the world's known cobalt resources, a versatile mineral used in batteries and magnets to drive electric motors.
Scouring the planet for access to scarce minerals is new not just for India, but also for other countries. From missiles to solar cells and motors that propel vehicles, some of these play an irreplaceable role. The chase is especially compelling for us since domestic resources are limited and under-explored. Worse, at a global level, these assets are concentrated. For instance, Congo holds about half the world's known cobalt resources, a versatile mineral used in batteries and magnets to drive electric motors.
Recent reports suggest that NLC India Ltd (earlier called Neyveli Lignite Corp), a public sector mining and power generation company, is in talks to buy a stake in a Russian-owned lithium mine in Mali, Africa.
While this forward-looking approach is welcome, such endeavours call for a larger procurement framework managed by a single entity, one that can draw from the vast talent pool of our public sector across disciplines, enjoin the private sector to participate in India's global hunt for mineral reserves and leverage the state's strengths in other spheres. After all, such deals are clinched by sovereign ownership more than entrepreneurial flair.
Moreover, we need the capacity to handle commercial engagements across the globe and maximize the value of all we extract. Amid a global scramble for minerals, these cannot be sourced the same way we get our bulk commodities like oil. Currently, the government does have a dedicated agency for procuring minerals overseas, Khanij Bidesh India Ltd (KABIL), but it is owned by other state-run firms in the mining sector and its capabilities are constrained by that.
While NLC began commercial operations for electricity supply in the early 1960s, its profitability over the next few decades was held back partly by its pursuit of state objectives. These included the supply of not just power, but also fertilizers and briquettes at controlled prices. However, over the last two decades, it has kept up a remunerative record as a 72.2% government-owned enterprise. Thanks to the Centre's policies, it also enjoys reduced risk exposure to fragile state-level power utilities. Its earnings have thus armed it with funds for acquisitions.
This money could largely go into central coffers as dividends so that a larger body can be given a war chest for foreign asset purchases. Such an approach would address concerns of mineral security in a world fraught with geopolitics over scarce but vital resources.
Lithium, for example, is a key element of climate action and we must not leave any stone unturned to secure its supplies. The key to our hunt's success, though, lies in how we navigate the global flux of an era that is watching an old order crack up, with deep uncertainty over tomorrow's trade matrix. Even as the US tries to bend trade partners to its will, China has made no bones about weaponizing its hold over minerals. As their rivalry exposes our industrial vulnerability, our own prospects could pivot on outcomes of statecraft combined with knowhow and efficiency.
At the turn of the century, in pursuit of oil security, we notched up an oil asset in Sudan that proved to be one of our most profitable overseas ventures. However, India was outrun in that race for African hydrocarbon assets by China, which used a mix of aid and infrastructure projects to lure local regimes. Today, with minerals, securing supplies is just the first step. Refining and processing the stuff is another challenge. Right now, China dominates the whole chain. But others could master it too. Topics You May Be Interested In

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Important topics and their relevance in UPSC CSE exam for July 15, 2025. If you missed the July 14, 2025 UPSC CSE exam key from the Indian Express, read it here THE WORLD Trump: Very severe tariffs on Russia if Ukraine war isn't resolved in 50 days Syllabus: Preliminary Examination: Current events of national and international importance. Mains Examination: General Studies II: Effect of policies and politics of developed and developing countries on India's interests What's the ongoing story: US President Donald Trump on Monday said the United States will impose 'very severe' tariffs on Russia if no agreement is reached to end the war in Ukraine within 50 days. Speaking from the Oval Office alongside NATO Secretary General Mark Rutte, Trump said he is disappointed in Russian President Vladimir Putin. 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The SAIB was regarding the potential disengagement of the fuel control switch locking feature. • The preliminary investigation report from India's Aircraft Accident Investigation Bureau (AAIB) said that the Air India plane crashed after both its engines were starved of fuel as the two fuel control switches transitioned from 'RUN' to 'CUTOFF' position within a second of each other moments after lift-off. • The DGCA order came after a few Boeing aircraft operators, mainly those overseas, initiated voluntary inspections advised in that SAIB. A few foreign carriers, including Abu Dhabi-based Etihad, have begun voluntary checks of the fuel control switches on their 787 fleets despite the FAA and Boeing notifying operators of 787 jets that the fuel switch locks on the aircraft are safe and no further action is needed. Do You Know: • Experts say accidental movement of the switches—used to allow and cut fuel supply to the aircraft's engines—is not quite possible. 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Speaker Kultar Singh Sandhwan deferred the discussion on the Bill for Tuesday after Leader of Opposition Partap Singh Bajwa, citing seriousness of the matter, sought time to study the proposed legislation. • Earlier in the day, a Cabinet meeting chaired by Mann cleared the Bill which proposes strict punishment for desecration of holy scriptures, including the Sri Guru Granth Sahib, Bhagavad Gita, Bible and Quran. • The Punjab government had called the special session of the Assembly after Mann met representatives of Sarb Dharam Beadbi Rokko Kanoon Morcha, an organisation whose activist Gurjeet Singh Khalsa has been protesting atop a 400-foot telecom tower for the last 275 days demanding an anti-sacrilege law. • This is not the first time that a Bill has been brought in for stricter punishment for sacrilegious acts. Sacrilege has remained an emotive issue in Punjab, especially after the incidents of desecration of the Guru Granth Sahib in 2015 in Faridkot and subsequent death of two protesters in police firing. • In 2018, the then Congress government led by Captain Amarinder Singh too had passed two Bills — the Indian Penal Code (Punjab Amendment) Bill, 2018, and the Code of Criminal Procedure (Punjab Amendment) Bill 2018, which posposed punishment of up to life imprisonment for injury, damage or sacrilege to Guru Granth Sahib, Bhagavad Gita, Quran and the Bible. The President did not give assent to these two Bills. Do You Know: • According to the Bill, any person found guilty of sacrilege may face minimum imprisonment of 10 years and minimum fine of Rs 5 lakh. 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The words and expressions used, but not defined in this Bill shall have the same meanings as, respectively, assigned to them in the Bharatiya Nyaya Sanhita, 2023. • Following the Cabinet meeting earlier in the day, an official spokesperson said there have been numerous incidents in the past involving the sacrilege of Guru Granth Sahib and other revered granths, deeply hurting public sentiments and causing unrest in society. 'While sections 298, 299 and 300 of the Bharatiya Nyaya Sanhita, 2023, address such issues, they do not prescribe sufficiently stringent penalties to serve as an effective deterrent,' said the spokesperson. Other Important Articles Covering the same topic: 📍Punjab Vidhan Sabha sends anti-sacrilege Bill draft to select committee for consultation with public and all stakeholders THE EDITORIAL PAGE Two unequals Syllabus: Preliminary Examination: Economic and Social Development Main Examination: General Studies III: Inclusive growth and issues arising from it. What's the ongoing story: Surjit Bhalla writes: The World Bank states that India has the lowest consumption inequality in the world and in the same breath that India has the highest income inequality. Such a paradoxical result has heretofore not been documented by any organisation in the world Key Points to Ponder: • Which data sources are the main source of information for the World Bank's reports on global inequality? • What is the Gini Index? • What made government to say that inequality in India is declining? • What is the role of fiscal policy in addressing income and wealth inequality in India? • According to Surjit Bhalla, the World Bank's inequality estimates are considered 'warped' due to what? • What is 'Palma Ratio'? • As per the article, what is one of the key flaws in global inequality estimates? • What are the methodological challenges in measuring global income inequality with special reference to Surjit Bhalla's observations on the World Bank's reports? • How inequality is measured globally? • Compare the strengths and weaknesses of Gini coefficient, Palma Ratio, and other related metrics. 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All recognise that household surveys are the best instrument for gauging inequality in a society. • Towards this end, the World Bank has laboured to construct the popular and respected Poverty Inequality Platform (PIP), which provides data for all the official consumption and income surveys in the world. PIP reports data on 167 countries, 2,258 distributions for years 1963 to 2024. These data are the only 'official' source of comparable income and consumption distributions. 'Official' because governments provide unit-level data to the World Bank for analysis by its army of researchers and analysts. • The PIP data does not contain any information on income distribution for India or South Africa — for good reason, because no official income survey exists for either of these countries. • According to PIP, the most unequal (consumption) country in the world, at least for the last 25 years, is South Africa with a Gini of 63.0. The most equal is India with a Gini of 25.5 in 2022. Do You Know: Surjit Bhalla writes: • The Gini Index, a report by the World Bank, has placed India in the fourth position with a score of 25.5, much lower than countries like China (35.7), the USA (41.8), and the United Kingdom (34.4). It is also more equal than every G7 and G20 country, many of which are considered advanced economies. • The term 'most equal country' describes a nation where income and consumption are distributed more evenly among its population. • The Gini Index measures the extent to which the distribution of income or consumption among individuals or households within an economy deviates from a perfectly equal distribution. In simpler terms, it provides a clear picture of how evenly income is distributed within a country. • The index ranges from 0 to 100 — a Gini Index of 0 represents perfect equality, while an index of 100 implies perfect inequality. The higher the Gini Index the more unequal the country. • The World Bank has been a pioneer in the collection and verification of consumption and income distribution data since its creation. The PIP database is testimony to its intellectual honesty and expertise. However, the World Bank states that India has the lowest consumption inequality in the world; in the same breath (or paragraph) it states (via its endorsement of the WID synthetic results) that India has the highest income inequality. • The memory banks of the World Bank will reveal that its own research (some 25 years ago) had documented that income Ginis were, on average, six Gini points higher than consumption Ginis. Other Important Articles Covering the same topic: 📍Measuring inequality Previous year UPSC Main Question Covering similar theme: 📍COVID-19 pandemic accelerated class inequalities and poverty in India. Comment. 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In the meeting, which was organised by the Ministry of External Affairs (MEA) and attended by the officials of Central investigation agencies, Cambodian officials requested to share the exact geographical coordinates of these scam centres in the country so that they can take action. Do You Know: • A probe has revealed three types of major cybercrime frauds operating from Southeast Asia: stock trading/investment scams, digital arrest, and task-based and investment-based scams. • The Indian government has also tracked several agents recruiting Indians for these operations, with the most operating out of Maharashtra (59), followed by Tamil Nadu (51), Jammu and Kashmir (46), Uttar Pradesh (41) and Delhi (38). 'Agents' data shows that they are hiring people the most for Laos, Myanmar and Cambodia,' the official said. • According to government estimates, Indians had been duped of at least Rs 500 crore in the six months before March this year. The Centre then set up an inter-ministerial panel to look into the issue and identify the loopholes. The panel identified gaps in the banking, immigration, and telecom sectors. The Central Bureau of Investigation (CBI) then registered an FIR against point of sale (PoS) agents based in various states for allegedly issuing ghost SIM cards. • After recording the statements of rescued and returned people, the government has tracked down their route of travel to Cambodia. 'It has been found that agents are sending people to Dubai to China and Cambodia, Tamil Nadu to Cambodia, Maharashtra to Thailand and Cambodia, Jaipur to Thailand and Cambodia, Jaipur to Vietnam to Bangkok and Cambodia, Delhi to Bangkok and Cambodia, Lucknow to Bangkok and Cambodia, Kerala to Vietnam and Cambodia, Kerala to Singapore and Cambodia, and Kolkata to Vietnam and Cambodia by road,' the official added. 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Key Points to Ponder: • Sulphur Dioxide (SO₂) emissions are primarily associated with which industries? • According to India's environmental regulations, SO₂ emission limits are set under which frameworks? • The revised framework for SO₂ emission norms in India, as defended by the government, primarily affects what? • Know the rationale behind the government's revision of SO₂ emission norms for thermal power plants? • What are the environmental and health impacts of sulphur dioxide emissions in India, with particular reference to coal-based thermal power generation? • How does Flue Gas Desulphurization (FGD) technology help in reducing SO₂ emissions? Key Takeaways: • The ministry's revised compliance framework exempted a large number of coal- and lignite-based plants from the mandate of retro-fitting plants with flue gas desulphurization devices. The ministry said that there was no notable difference in ambient SO2 concentrations between cities where plants had fitted the technology versus those that had not. • SO2 is a harmful gas and is emitted when coal is burned in energy production. It also aids formation of secondary pollutants. • 'The norms of Sulphur Dioxide emissions from Thermal Power Plants notified on 11th July is based on extensive consultations with stakeholders and research institutions regarding the effectiveness and rationale behind stack emission standards for SO2 on 537 TPPs throughout the country, and its role in overall ambient air pollution of the region,' a ministry statement said. • The ministry said: 'Current exposure levels provide no credible evidence to suggest that SO2, under prevailing ambient conditions, is a major public health concern. Moreover, sulfate (sic) aerosols formed from SO2 constitute a relatively small fraction of PM (particulate matter) 2.5.' • The SO2 emission norms for coal and lignite power plants were first introduced in 2015. Later, the compliance timelines for plants were divided into three categories, based on the location of the plants. Do You Know: • The July 11 order said that plants in Category A, which are located within 10 kms of the Delhi-National Capital Region (NCR) or cities with a million plus population have to continue complying with the norms by the end of 2027. • For category B plants, located within 10-km of critically polluted areas or cities not in compliance with national ambient air quality standards will apply on a case to case basis, based on recommendations of an expert appraisal committee. For Category C plants, located outside of these two areas, will be completely exempted from meeting the SO2 norms. However, they will have to comply with stack height criteria. • The ministry notification said that thermal power plants due to retire before December 2030 shall not be required to meet the SO2 emission norms, provided they submit an undertaking for exemption. A compensation at the rate of Rs 0.40 per unit of electricity generated would be levied if they continue to operate beyond the 2030 timeline. • In a report, the National Institute of Advanced Studies submitted to the high-powered committee that Indian coal, used to generate 92% electricity produced by thermal plants, has a low average sulphur content. In fact, it said that FGD installation in all coal plants by 2030 will increase auxiliary power consumption and add more long-lived carbon dioxide emissions, while removing short-lived sulphur dioxide emissions. Other Important Articles Covering the same topic: 📍Centre again relaxes SO2 emission norms for coal plants around Delhi-NCR EXPLAINED 'After obesity, GLP-1 research focused on Alzheimer's…hypothesis centres on its ability to reduce inflammation in brain… this is different from current approaches' Syllabus: Preliminary Examination: Current events of national and international importance. Mains Examination: General Studies II: Issues relating to development and management of Social Sector/Services relating to Health, Education, Human Resources. What's the ongoing story: Lotte Bjerre Knudsen, Chief Scientific Adviser for Research at Danish pharma giant Novo Nordisk, speaks about GLP-1-based drugs that have changed how the world sees obesity. Research is on to explore treatment for other conditions, such as Alzheimer's. Key Points to Ponder: • What is GLP-1? • What does GLP-1 do in the body? • How GLP-1 drugs work? • Why GLP-1 has become such a powerful tool in treating diabetes and obesity? • When did the idea first come up that GLP-1 could actually be turned into a drug? • Why is this a landmark? • Where does the GLP-1 research go from here? Especially with respect to Alzheimer's? • What is the scientific hypothesis behind GLP-1's role in brain diseases? How might it actually be working in the brain? Key Takeaways: • GLP-1 is both an incretin hormone and a neurotransmitter. In physiology, it is secreted from the small intestine and from the hindbrain after we eat a meal. It travels to the pancreas, where it helps to regulate our blood sugar by increasing insulin and decreasing glucagon. This is what we call the incretin effect. This effect is blood glucose-dependent, meaning it is only if the blood glucose is elevated that it has an effect here. • GLP-1 also impacts centres in the brain associated with control of hunger and satiety, to effectively tell us that we have had enough to eat and need to stop eating. • There are receptors that GLP-1 binds to in many organs in the body, and GLP-1 also has beneficial effects in many of these organs, such as the kidney, liver, and cardiovascular system. GLP-1's effects in the pancreas and brain are the important ones to help control blood glucose and body weight. • The reason natural GLP-1 is so short-lived is that it is chopped up by metabolic enzymes known as DPP-4 and cleared by the kidneys. The technique we use is called fatty acid acylation. We have pioneered that, but nowadays it is much more widely used. Do You Know: • The basic concept is that you attach a fatty acid to your drug molecule, in this case, GLP-1. That will allow the drug to bind to a natural protein called albumin via the fatty acid. Albumin is a protein that plays a crucial role in transporting various substances throughout the body, including fatty acids. • By attaching to albumin, you protect the drug from degradation, from being cleared by the kidneys, and ensure that it reaches the GLP-1 receptors that are present in various organs throughout the body. We already had some experience with exploring this fatty-acid acylation technology, and I felt confident that we could also leverage the technology to solve the druggability problem of GLP-1. • It is a landmark because it was completely novel. It's also a landmark because it has changed the way we view the treatment of obesity. It's not just about weight loss — it's about cardiovascular benefits. The fact that fewer people are actually dying, fewer people are having heart attacks, and fewer people are experiencing strokes makes a profound difference. Other Important Articles Covering the same topic: 📍How GLP-1 drugs like semaglutide have revolutionised obesity treatment How Denmark plans to use copyright law to protect against deepfakes Syllabus: Preliminary Examination: Current events of national and international importance. Main Examination: General Studies III: Awareness in the fields of IT What's the ongoing story: In what is a pioneering effort to tackle the rise of deepfake content, now ubiquitous across the Internet, Denmark has proposed extending copyright protections to individuals' facial features, appearance, and voice. Key Points to Ponder: • What is a deepfake? • What are they for? • How Denmark's use of copyright law to regulate deepfakes represents a new legal approach to tackling AI-generated content globally? • What are the challenges of applying traditional copyright frameworks to emerging technologies like deepfakes? • How effective are the India's existing laws such as the Copyright Act and IT Act in addressing deepfake-related issues? • How does copyright law intersect with freedom of expression when it comes to regulating deepfakes? Key Takeaways: • The proposed amendment to Denmark's copyright law will effectively make it illegal to share deepfake content of another person without their consent, empowering individuals to get such forgeries taken down from online platforms, and seek compensation for their publication — similar to how copyright laws traditionally protect creative works. • Deepfakes are a form of synthetic media which depict believable and realistic videos, pictures, or audio of events that never happened — they show real people doing or saying things that they never did or said. • While media has long been manipulated for nefarious purposes, artificial intelligence has made such manipulation easier and more sophisticated than ever before. The volume of deepfake content online has risen dramatically in recent years, and deepfakes have become increasingly difficult to spot. • Authorities around the world have struggled to catch up with the technology which has been used to create pornographic content, spread misinformation, and pull off sophisticated con jobs. • Most existing laws dealing with deepfakes criminalise specific harms arising out of the technology, such as deepfake porn or the publication of manipulated media during elections. The Danish Bill, introduced last month and currently in the consultation stage, is harm-agnostic in that it directly addresses the publication of deepfakes and not specific harms they may cause. • Danish culture minister Jakob Engel-Schmid said the Bill gives people 'the right to your own voice, your own facial features, and no one can copy that without your consent'. Do You Know: •The Bill introduces three new forms of protection against deepfakes: —Imitation protection, which bars others from publicly sharing realistic digital recreations of a person's physical traits, like facial features and voice; —Performance protection, that covers artistic performances such as non-verbal or improvised acts that may not meet the usual copyright thresholds; and —Protection for performing artists, specifically targeting digital mimicry of musicians, actors, performers, etc. • The most notable here is the protection extended to ordinary individuals. The proposed Section 73(a) makes it illegal to share realistic deepfakes mimicking a person's appearance, voice, or characteristics for up to 50 years after their death. • The operative word here is 'realistic'. The Bill does not bother about intent— any deepfake can be taken down as long as it looks real and creates confusion. At the same time, content that is clearly stylised is not protected. • Protections offered by the Bill only extended to content in the public sphere: the Bill does not make it illegal to generate deepfakes but simply bars their publication. Other Important Articles Covering the same topic: 📍UN report urges stronger measures to detect AI-driven deepfakes Previous year UPSC Main Question Covering similar theme: 📍'The emergence of the Fourth Industrial Revolution (Digital Revolution) has initiated e-Governance as an integral part of government'. Discuss. (2020) For any queries and feedback, contact Subscribe to our UPSC newsletter. Stay updated with the latest UPSC articles by joining our Telegram channel – IndianExpress UPSC Hub, and follow us on Instagram and X. Priya Kumari Shukla is a Senior Copy Editor in the Indian Express (digital). She contributes to the UPSC Section of Indian Express (digital) and started niche initiatives such as UPSC Key, UPSC Ethics Simplified, and The 360° UPSC Debate. The UPSC Key aims to assist students and aspirants in their preparation for the Civil Services and other competitive examinations. It provides valuable guidance on effective strategies for reading and comprehending newspaper content. The 360° UPSC Debate tackles a topic from all perspectives after sorting through various publications. The chosen framework for the discussion is structured in a manner that encompasses both the arguments in favour and against the topic, ensuring comprehensive coverage of many perspectives. Prior to her involvement with the Indian Express, she had affiliations with a non-governmental organisation (NGO) as well as several coaching and edutech enterprises. In her prior professional experience, she was responsible for creating and refining material in various domains, including article composition and voiceover video production. She has written in-house books on many subjects, including modern India, ancient Indian history, internal security, international relations, and the Indian economy. She has more than eight years of expertise in the field of content writing. Priya holds a Master's degree in Electronic Science from the University of Pune as well as an Executive Programme in Public Policy and Management (EPPPM) from the esteemed Indian Institute of Management Calcutta, widely recognised as one of the most prestigious business schools in India. She is also an alumni of Jamia Milia Islamia University Residential Coaching Academy (RCA). Priya has made diligent efforts to engage in research endeavours, acquiring the necessary skills to effectively examine and synthesise facts and empirical evidence prior to presenting their perspective. Priya demonstrates a strong passion for reading, particularly in the genres of classical Hindi, English, Maithili, and Marathi novels and novellas. Additionally, she possessed the distinction of being a cricket player at the national level. Qualification, Degrees / other achievements: Master's degree in Electronic Science from University of Pune and Executive Programme in Public Policy and Management (EPPPM) from Indian Institute of Management Calcutta ... Read More


New Indian Express
an hour ago
- New Indian Express
We will cope with US sanctions: Russian Foreign Minister on Trump's 100 per cent tariff threat
TIANJIN: Russian Foreign Minister Sergey Lavrov on Tuesday downplayed US President Donald Trump's threat to impose 100 per cent tariffs on Russia and its trading partners, asserting that Moscow is well equipped to withstand additional sanctions. Addressing a press conference after the meeting of the Foreign Ministers Council of the Shanghai Cooperation Organisation (SCO) here, Lavrov underlined that Russia is already under an unprecedented number of sanctions and expressed confidence in the nation's ability to cope with any new burdens. "The number of sanctions announced against us is already unprecedented. We are coping; I have no doubt we will cope (with the possible US sanctions)," he said. This conclusion is based in particular on the assessment and the analysis of many independent Western economists and politicians, he said. Trump has threatened to impose import tariffs at about 100 per cent on Russia and its trading partners if Moscow fails to reach an agreement with the US on the settlement in Ukraine within 50 days.