The Fifth Mining Conclave organized by the Indian Chamber of Commerce held today under the theme ‘Impact of Latest Technology in Mining ‘. Many experts from major mining companies of Jharkhand state participated in this conclave. Welcoming all the guests in the conclave, Dr. Amritanshu Prasad, Chairman, Indian Chamber of Commerce, Jharkhand Chapter spoke about the increasing impact of technology on the mining industries. Talking about Artificial Intelligence (AI), he explained how it is helping mining companies locate Minerals more easily. Dr. Prasad also added about sustainability in the mining industry during his inaugural address.
Jharkhand State Mines Secretary Abu Baqr Siddiqui, addressing the programme as the chief guest, said that Jharkhand is a major producer of coal, iron Ore, copper ore, mica and cobalt. Jharkhand has been attracting investors globally due to increasing mechanization in mining, availability of raw material and competitively priced labour cost. Even today, we are dependent on fossil fuel i.e. mining industries to meet the energy requirement in the country. Appraising Prime Minister Narendra Modi’s pledge at the United Nations Climate-change”>Climate Change Conference (COP26) held in Glasgow last year, he added that India would limit its carbon emissions to net zero by 2070.