Draft paper on blue economy asks Centre to explore undersea options for rare metals
Draft paper on blue economy asks Centre to explore undersea options for rare metals March 03, 2021 The Economic Advisory Council has also proposed a roadmap for evolving a Blue Economy Policy A draft policy framework on India's Blue Economy has recommended that the country should take the lead in the exploration of the cobalt-rich Sea Mount Ferromanganese Crust in the Indian Ocean. This suggestion comes on the heels of these rare metals gaining importance in the global metals market with many countries going in for zero carbon emissions and opting for electric vehicles (EVs). Metals such...