Resumen de On the way up: Industrial minerals in India

Industrial Minerals

• According to estimates by the Indian Beach Minerals Producers Association, the downstream rare-earth mineral industry could earn about 500 billion rupees ($7.71 billion) of foreign exchange if proper government support were provided. “Government policy on rare earth minerals has blocked the development of this sub-segment of the industrial minerals industry,” a senior management member at industrial mineral supplier VV Minerals told Industrial Minerals on the condition of anonymity. [...]greater government attention to the development of industrial minerals and the provision of incentives could help the industry reach an export market worth 10 billion rupees per year by the end of the 2019-20 financial year, compared with 3 billion rupees in 2016-17.