Andhra bets on rare earths, titanium
Andhra Pradesh is set to enhance its coastal resources by initiating beach sand mining for rare earths and titanium minerals, a strategic move to lessen India's reliance on China for critical materials. The state government is finalizing a comprehensive policy for the mining and processing of these minerals, with the Andhra Pradesh Mineral Development Corporation (APMDC) obtaining clearance for ten major beach sand deposits across several coastal districts, including Srikakulam and Visakhapatnam. Andhra Pradesh holds approximately 25% of India's beach sand mineral reserves, which include valuable resources like ilmenite, rutile, and monazite, essential for high-value industries such as aerospace, electronics, and renewable energy technologies. This initiative is timely, as China currently dominates the global market for titanium production and rare earth processing. By tapping into its own resources, India aims to reduce its substantial import dependency, particularly for titanium dioxide pigment, which is largely sourced from China. This effort aligns with the central government's push for rare earth mining corridors across several states, including Andhra Pradesh, as outlined in the recent budget announcements. Ultimately, the state’s initiative could pave the way for a new manufacturing hub, fostering economic growth and self-sufficiency in critical mineral resources.
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