India makes a play to source rare earths – systematic scrapping of its old cars
- Reference: 1629075551
- News link: https://www.theregister.co.uk/2021/08/16/india_car_scrappage_rare_earths/
- Source link:
Prime Minister Narendra Modi last Friday announced a new “Vehicle Scrappage Policy” that aims to get junkers off Indian roads, with reducing pollution the main aim of the new effort.
Pollution is a major issue in India, as in November 2019 air in its capital city Delhi became so dirty that a public health emergency was declared, and residents were told not to exercise outdoors, and schools were asked to curtail all outdoor activities. The nation also aspires to become a hub for the automotive industry.
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The Scrappage Policy should go some way towards addressing pollution and boost domestic demand for new cars and investment in the factories to make them.
Vehicle scrapping will help phase out unfit & polluting vehicles in an environment friendly manner. Our aim is to create a viable [2]#circulareconomy & bring value for all stakeholders while being environmentally responsible. — Narendra Modi (@narendramodi) [3]August 13, 2021
But Modi also has rare earths in mind. Rare earths are essential in the manufacture of electronics, but China dominates supply. Miners everywhere are working to find new sources and being production as fast as they are able, but demand remains high.
Enter India’s fleet of junkers, which Modi noted in his [4]speech introducing the new Scrappage Policy, contain rare earths that can be recycled.
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“When these rare earth metals that drive technology and that are available today will become rare, it is difficult to say,” Modi said. The new policy, he added, will bring scientific rigour to India’s metal recycling efforts.
“We had to import scrap steel worth about Rs 23,000 crore in the last year alone, because the scrapping in India till now is not productive. Energy recovery is almost negligible, high-strength steel alloys are not fully valued, and precious metals cannot be recovered.”
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“Now when there is scientific and technology-based scrapping, we will be able to recover even rare earth metals.”
[8]Greenland's elections just bolstered China's tech world domination plan
[9]Watt's next for batteries? It'll be more of the same, not longer life, because physics and chemistry are hard
[10]Machine learning helps geoboffins spot huge beds of hot rocks 1,000km across deep below Earth's surface
If India can pull this off, it could also benefit to the high-tech manufacturers the nation hopes to attract to its shores.
Modi mentioned the city of Alang as a likely location to benefit from the new Scrappage policy, as it is already a major centre for ship-breaking and steel recycling. However, that industry is also notorious for lax environmental practices and worse industrial safety measures.
The PM’s speech included a pledge that “India is committed to providing its citizens with global standards in terms of safety and quality.” But those words were spoken in the context of transport services, not the means used to deliver them. ®
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[2] https://twitter.com/hashtag/circulareconomy?src=hash&ref_src=twsrc%5Etfw
[3] https://twitter.com/narendramodi/status/1426039980485271553?ref_src=twsrc%5Etfw
[4] https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1745386
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[8] https://www.theregister.com/2021/04/08/chinabacked_mining_project_for_tech/
[9] https://www.theregister.com/2020/12/30/beyond_lithium_ion_batteries/
[10] https://www.theregister.com/2020/06/15/giant_beds_of_hot_rocks/
[11] https://whitepapers.theregister.com/
Good
This is a lesson to every country and industry everywhere: there's a gold mine to be found in your waste dumps.
Price of a tank of gas
There is no incentive to switch to electric vehicles. Too expensive and no significant benefits to the taxpayer. While they have a one-off tax code to offset taxes beyond your limited bracket it wont necessarily reduce yearly taxes or the maintenance or the cost of purchasing and running in a country that still does 8 Hour powercuts !!!
The govt price gouged and enabled private power suppliers to price gouge electricity consumers when they couldnt physically take manual readings to the supplier depot to pay their bills due to the COV when the govt imposed lockdowns!!!
Attention all 1958 Morris Oxford Owners!
Here's a terrific opportunity to corner the spares' market with all the Hindustan Ambassadors about to hit the junk heap.