Government launches $4 billion hunt for critical minerals
India will invest Rs 34,300 crore ($4 billion) over the next six years under the national critical mineral mission to ensure a sustainable supply chain of essential minerals for cleaner energy and high-tech advancements. The plan includes increasing domestic production, acquiring stakes in overseas mines, and developing processing facilities. Public and private sectors, including Kabil, will play key roles, addressing India's dependence on imports, especially from China, for critical minerals like lithium and rare earth elements.
India will invest Rs 34,300 crore ($4 billion) over the next six years under the national critical mineral mission to ensure a sustainable supply chain of essential minerals for cleaner energy and high-tech advancements. The plan includes increasing domestic production, acquiring stakes in overseas mines, and developing processing facilities. Public and private sectors, including Kabil, will play key roles, addressing India's dependence on imports, especially from China, for critical minerals like lithium and rare earth elements.
