Rajasthan Becomes India's First State to Grant Rare Earth Exploration Licence
IAS GS फाउंडेशन कोर्स की अधिक जानकारी या काउंसलिंग के लिए लिंक पर क्लिक करें GS Foundation IAS Mains Courses IAS Prelims IAS Optional Courses
IAS GS फाउंडेशन कोर्स की अधिक जानकारी या काउंसलिंग के लिए लिंक पर क्लिक करें GS Foundation IAS Mains Courses IAS Prelims IAS Optional Courses NCERT Courses ************************************************************************ Rajasthan has become the first state in India to execute an Exploration Licence (EL) for a Rare Earth Elements (REE) block under the Government of India's new exploration licensing framework for critical and strategic minerals. The licence covers a 207.6 sq. km area across Balotra and Jodhpur districts, where geological studies indicate the presence of valuable rare earth elements such as Lanthanum, Cerium, Praseodymium, and Neodymium.
Rare Earth Elements are considered critical minerals because they are essential for manufacturing electric vehicles (EVs), renewable energy technologies, defence equipment, semiconductors, electronics, aerospace systems, and telecommunications infrastructure. The exploration, awarded to Central Mine Planning and Design Institute Ltd. (CMPDI), is expected to generate detailed geological data, attract investment in India's critical minerals sector, strengthen domestic supply chains, and reduce long-term dependence on imports. In this video, we explain what Rare Earth Elements are, why Rajasthan's achievement is significant, and how it could shape India's strategic and economic future.
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