India is set to launch a national mission for the critical and strategic minerals sector in 2025, aimed at accelerating its green energy transition and enhancing electric vehicle (EV) manufacturing. This initiative will unite multiple ministries, industries, R&D institutions, and global think tanks to secure a sustainable supply of vital minerals, such as lithium and cobalt, essential for clean energy technologies and semiconductor manufacturing.
Mines Secretary V L Kantha Rao emphasized the need for a whole-government approach and collaboration across various sectors to achieve this mission. With 24 critical mineral blocks sold in four auction rounds, and significant investments planned in countries like Australia, India is positioning itself as a key player in the global minerals market.
The World Bank and International Energy Agency project that the demand for critical minerals will surge, driven by the rise in renewable energy technologies and EVs. India’s strategic initiatives, including the formation of Khanij Bidesh India Ltd (KABIL) for overseas mineral asset acquisitions, aim to secure a resilient supply of these essential resources.
Prominent figures like Vedanta Ltd’s Chairman Anil Agarwal and Vedanta Aluminium COO Sunil Gupta highlighted the economic and strategic importance of critical minerals for India’s growth, job creation, and reducing import dependency. The metals and mining sector is expected to play a pivotal role in meeting domestic and global demand, contributing to India’s goal of becoming a five trillion-dollar economy.
Overall, the mission represents a significant step towards building a robust supply chain for critical minerals, supporting energy security, and strengthening India’s position in the global market.
