Substitution of non-indigenous non-ferrous metals and alloys

Abstract

THE economic growth of any country is basically linked with her mineral resources and the means taken to expl- oit them. Mineral reserves are not seasonal or recurr- ing assets and have, therefore, to be rationally utili- zed to lead to chain reaction growth of peace-time and defence industries and maximum overall growth of natio- nal economy. Mineral resources, in the background of their intrinsic value in directing the speed of a country's ecnomic development, may be utilized on an ad-hoc and empirical manner which in the long run will defeat the very basis of their economic importance. In the urge to industrialize and to do so speedily, a developing country such as ours has to have effective breaks as well as caution signs in planning the explo-itation of mineral resources on a scientific and selective basis and rather more aptly put on "substitutional" basis