Ministry of Mines has issued the guidelines for setting up of Centres of Excellence (CoE) under the National Critical Mineral Mission (NCMM). This is in pursuance to a key pillar of the Mission, which is research and technology development in critical minerals. Critical raw materials form the crucial supply chain for emerging sectors of clean energy and mobility transition, in addition to advanced technology and strategic sectors like electronics, defence, space, etc. In order to develop, demonstrate and deploy technologies in an end-to-end systems approach, it is essential to conduct R&D so as to reach higher Technology Readiness Levels (TRL). CoEs will identify, develop and implement extraction process and beneficiation technologies for a host of critical minerals from multiple sources and conduct directed R&D to reach TRL 7 / 8 pilot plant and pre-commercial demonstration and create a competency center.
Under this new initiative, reputed academic/R&D institutions, as per eligibility prescribed, will be evaluated and recognized as CoEs for R&D in critical minerals. CoEs will undertake innovative and transformational research to strengthen and advance the nation's science and technology capability in the area of critical minerals. CoEs will aim at undertaking cutting edge research and promoting inter-/multi-disciplinary approaches to problem solving in critical minerals domain. A CoE will operate as a consortium, on a Hub & Spoke model, to leverage R&D in critical minerals and pooling the core competence of each constituent under one umbrella. The CoE (Hub Institute) will bring in at least two industry partners and at least two R&D/ academic partners in the consortium.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
