Comparing key minerals to copper, zinc, aluminum and silverAnil Agarwal, Chairman Vedanta Resourcescomparing key minerals to copper, zinc, aluminumand silver arrives gold Due to their increasing importance in modern technology, sustainable practices. In a recent social media post he said that they are not only crucial for new-age technologies but also have environmental benefits.
“They support a climate-friendly world. They are recyclable. Using the latest technology, they can be mined without damaging the environment.” Agarwal said on X (formerly Twitter).
Such as batteries, electric vehicles and solar panelsThis mineral is used because it supports clean energies such as batteries for electric vehicles and solar panels as well as advanced computer chips among other things.
Agarwal’s comments came after gold prices hit record highs as investors seek safety amid geopolitical and economic uncertainty.
According to him however what is truly striking and often overlooked is happening in metals like coppersilverzincandaluminium
And buyer should expect more Experts believe both copper and aluminum prices will continue to rise in the coming weeks
Copper and aluminum prices have gone up over the last few weeks with rates unseen in years by many experts who reckon that this trend may still go upwards.
Vedanta It also has interests in oil and gas, steel and power making it India’s leading aluminium producer with a majority stake hindustan zinc corp., India’s largest zinc and silver producer.
Demand of these critical minerals growing at much faster rate than supplyThe demand for these critical minerals is rising at an accelerated pace compared to supply because they are very essential for country’s industrialization process while serving basic needs of people such as food housing education healthcare etc.Anil Agarwal believes that if India’s manufacturing industry continues to develop it should focus on achieving self-sufficiency in these key resources.He mentioned increased domestic exploration activity alongside easier access to regulatory permits could help increase local production so that more exploration activities are needed and regulatory procedures should be made easy for improving local production.
In addition, Vedanta will also invest US$20 billion in its various projects over the next four years Anil Agarwal has announced.
