Context: The Centre and Odisha have discussed an integrated science-led development roadmap combining the Rare Earth Corridor, marine biotechnology, critical minerals, space technology and life sciences. The initiative seeks to leverage Odisha’s coastline, mineral resources and scientific institutions for strategic and sustainable growth.
Explanation
- Rare Earth Elements (REEs) comprise 17 metallic elements-15 lanthanides plus scandium and yttrium – critical for electronics, permanent magnets, clean energy, defence and space technologies.
- Rare Earth Corridors announced for Odisha, Kerala, Andhra Pradesh and Tamil Nadu aim to integrate mining, processing, research and manufacturing.
- India’s coastal monazite sands are important sources of rare earths and thorium, an atomic mineral.
- OMBRIC (Odisha Marine Biotechnology Research & Innovation Corridor) links research institutions for biotechnology-based sustainable utilisation of marine bio-resources.
- BioE3 Policy promotes Biotechnology for Economy, Environment and Employment.
- Deep Ocean Mission, under the Ministry of Earth Sciences, focuses on deep-sea resources, technologies, biodiversity and ocean research.
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