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India Seeks Critical Minerals Exploration in Zambia, Congo, and Australia

India is exploring critical minerals, including lithium, in Zambia, Congo, and Australia. As part of its strategy to reduce reliance on imported minerals, India has received approval for exploration in Zambia and is looking into local reserves in Jammu and Kashmir. The government has identified over 20 critical minerals essential for its energy transition efforts, with significant investments planned for sector development.

India is actively pursuing the mining of critical minerals in countries such as Zambia, Congo, and Australia, as stated by Mines Secretary V.L. Kantha Rao. This initiative aims to secure essential raw materials like lithium, which are pivotal for energy transition technologies. Notable companies, including Coal India, NMDC, and ONGC Videsh, are involved in exploring these critical minerals, particularly in Australia.

The objective of this exploration is to lessen India’s dependence on imported minerals, especially lithium, which is dominated by Chinese processing technologies. The Zambian government has granted India permission to explore 9,000 square kilometers for cobalt and copper, with additional interests in Congo and Tanzania for further mineral mining opportunities.

In tandem with these international efforts, India’s Mines Minister G Kishan Reddy announced plans to investigate lithium reserves within Jammu and Kashmir. Clarity regarding these local lithium deposits, which were estimated at 5.9 million metric tons, is anticipated by May 2025 amidst challenges in auctioning mining rights within the state.

In 2023, India recognized over 20 minerals as crucial for supporting its energy transition and industrial demands, with lithium at the forefront. To bolster the country’s mining sector, the government authorized an investment of Rs 63 billion (approximately $1.88 billion) in January 2025 to enhance critical minerals development.

India’s strategic exploration of critical minerals across multiple countries is a significant step towards securing essential raw materials crucial for its energy transition. By focusing on lithium and other vital minerals, the nation aims to reduce its dependency on imports and enhance its mining capabilities domestically. The forecasted clarity on local lithium resources and substantial investments in this sector underscore the government’s commitment to advancing its mineral exploration agenda.

Original Source: www.business-standard.com

Marcus Thompson

Marcus Thompson is an influential reporter with nearly 14 years of experience covering economic trends and business stories. Originally starting his career in financial analysis, Marcus transitioned into journalism where he has made a name for himself through insightful and well-researched articles. His work often explores the broader implications of business developments on society, making him a valuable contributor to any news publication.

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