Chief Minister of Andhra Pradesh Chandrababu Naidu
| Photo Credit:
Andhra Pradesh Chief Minister N Chandrababu Naidu directed officials to take up comprehensive mineral mapping across the State to identify valuable mineral deposits. He emphasised on promoting value addition through mineral processing.Reviewing the performance of the Mines Department in Amaravati on Tuesday, Naidu said Andhra Pradesh’s vast mineral wealth offers significant opportunities for market capitalisation. The state-owned Andhra Pradesh Mineral Development Corporation (APMDC) explored avenues for market capitalisation of valuable mineral assets and directed officials to undertake a detailed study with the assistance of experts.Substantial revenue could be generated by adding value to minerals such as beach sand, rare earth minerals, iron ore, manganese and alumina. Several States had achieved revenue surpluses primarily through mineral-based income and called for a comprehensive policy focused on mineral value addition, he said. He stressed that processing and value addition should take place within Andhra Pradesh to maximise economic benefits and generate employment, adding a cluster for rare earth minerals could be set up in the State, according to a release.Published on June 30, 2026
