India is expanding its search for critical minerals in Zambia, the DRC, and Australia to secure supply chains essential for its clean energy and technology sectors. The initiative aims to reduce reliance on imports of key minerals required for electric vehicles and renewable energy infrastructure. Indian mining firms are exploring partnerships and acquisitions to enhance their resource capabilities.
India is intensifying its search for critical minerals by exploring opportunities in Zambia, the Democratic Republic of Congo (DRC), and Australia. This initiative is driven by the need to secure supply chains integral to the nation’s clean energy and technology sectors, as stated by a senior government official. The aim is to minimize India’s reliance on imported minerals crucial for electric vehicles, renewable energy infrastructure, and advanced electronics manufacturing.
The official emphasized, “We are looking at critical minerals prospects in several countries including Zambia, Congo, and Australia.” By securing these resources, India aims to enhance its energy transition objectives and manufacturing capabilities. Indian mining firms are focusing on joint ventures and acquisition opportunities, particularly for copper, cobalt, lithium, and rare earth elements.
This initiative is part of India’s broader strategy to establish itself as a manufacturing hub for clean energy technologies. It addresses the challenges posed by supply chain disruptions in critical mineral markets, which are currently under the dominance of a few countries. As global demand surges for electric vehicle production and renewable energy deployment, India’s push becomes increasingly significant.
Additionally, the Indian government is working on a comprehensive domestic framework aimed at supporting the exploration, mining, and processing of critical minerals within its territory. This strategic approach is intended to help India navigate the complex geopolitical landscape surrounding critical mineral supply chains, which are vital to national security and economic interests.
In conclusion, India’s proactive engagement in exploring critical minerals in Zambia, DRC, and Australia aims to bolster its energy transition goals and reduce dependence on imports. By fostering partnerships and focusing on key minerals, the initiative seeks to position India as a strong player in the global clean energy manufacturing sector, ensuring a more secure supply chain amid rising global competition.
Original Source: www.autocarpro.in
