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Consider the following statements with reference to critical minerals:
1. It is a metallic or non-metallic element that is essential for the functioning of modern technologies.
2. Cobalt, Copper and Gallium are examples of critical minerals.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Consider the following statements with reference to critical minerals:...
The Ministry of Mines will hold a two day “Critical Minerals Summit: Enhancing Beneficiation and Processing Capabilities”, at the India Habitat Centre in Lodhi Estate, New Delhi.
About Critical Minerals Summit:
  • It is organised by the Ministry of Mines, Government of India, in collaboration with the Shakti Sustainable Energy Foundation (Shakti), the Council on Energy, Environment and Water (CEEW), and the Indian Institute of Sustainable Development (IISD).
  • It is designed to foster collaborationshare knowledge, and drive innovation in the field of critical mineral beneficiation and processing.
  • The summit will bring together a diverse array of Indian and international stakeholders, including industry leaders, startups, government officials, scientists, academics, and policy experts. 
  • It will address the increasing demand for Critical Raw Materials (CRMs) required for renewable energy systems and electric vehicles as part of India's strategic development goals.
  • The Ministry of Mines has identified eight key minerals for focus at the summit, including Glauconite (Potash), Lithium – Rare Earth Elements (Laterite), Chromium, Platinum Group, Graphite, Tungsten associated with Graphite, Rare Earths (RE), and Vanadium associated with Graphite. 
  • Participants will engage in active dialogue and interactive workshops focused on critical issues such as mineral auction progress, policy incentives for CRMs ecosystem development, and the advancement of commercially viable and environmentally sustainable solutions.
Key Facts about Critical Minerals:
  • It is a metallic or non-metallic element that has two characteristics.
  • It is essential for the functioning of our modern technologieseconomies or national security and
  • There is a risk that its supply chains could be disrupted.
  • The 'criticality' of minerals changes with time as supply and society's needs shift.
  • Applications:
  • They are used to manufacture advanced technologies, including mobile phones, computers, fibre-optic cables, semiconductors, banknotes, and defence, aerospace and medical applications.
  • Many are used in low-emission technologies, such as electric vehicles, wind turbines, solar panels, and rechargeable batteries.
  • Some are also crucial for common products, such as stainless steel and electronics.
  • Examplesantimony, beryllium, bismuth, cobalt, copper, gallium, germanium, lithium, vanadium, etc.
  • Top ProducersChile, Indonesia, Congo, China, Australia, and South Africa.
  • Critical Minerals in India:
  • Government has released a list of 30 critical minerals for India. 
  • These minerals are Antimony, Beryllium, Bismuth, Cobalt, Copper, GalliumGermaniumGraphite, Hafnium, Indium, Lithium, Molybdenum, Niobium, Nickel, PGE, Phosphorous, Potash, REE, Rhenium, Silicon, Strontium, Tantalum, Tellurium, Tin, Titanium, Tungsten, Vanadium, Zirconium, Selenium, and Cadmium.
Hence both statements are correct.
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Most Upvoted Answer
Consider the following statements with reference to critical minerals:...
Explanation:

1. Definition of Critical Minerals:
- Critical minerals are metallic or non-metallic elements that are essential for the functioning of modern technologies.
- They are crucial for various industries including defense, energy, electronics, and manufacturing.

2. Examples of Critical Minerals:
- Cobalt, copper, and gallium are examples of critical minerals.
- Cobalt is used in rechargeable batteries, copper is essential for electrical wiring, and gallium is used in semiconductors.
Thus, both statements are correct as critical minerals are indeed essential for modern technologies, and the examples provided (cobalt, copper, gallium) are considered critical minerals.
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Consider the following statements with reference to critical minerals:1. It is ametallic or non-metallic elementthat is essential for the functioning of modern technologies.2. Cobalt, Copper and Gallium are examples of critical minerals.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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