India looks to offshore resources to satisfy mineral sand and rare earth demand
Published: Friday, 25 September 2015
A shortage of minerals essential in infrastructure development has led India’s government to investigate offshore mineral deposits. 80 blocks have already been targeted in the Arabian Sea and the Bay of Bengal.
The Indian government will be allotting 80
blocks for the exploration and extraction of mineral sands and
rare earth minerals off the country’s eastern and
western coasts, as its southern states face shortages of
minerals required by the construction industry.
Operations in the coastal belts of the Arabian Sea...