India is intensifying its efforts to secure critical mineral assets abroad, targeting resource-rich nations like the Democratic Republic of Congo (DRC), Zambia, Tanzania, and Australia. These minerals, including copper, lithium, nickel, cobalt, and rare earth elements, are vital for advancing clean energy technologies such as electric vehicles (EVs), battery manufacturing, wind turbines, and electricity networks.
Mines Secretary V.L. Kantha Rao recently announced that the Indian government, through its joint venture Khanij Bidesh India Limited (KABIL), is collaborating with the Australian government to explore and mine critical minerals. “The Australian government is working with KABIL to identify and secure mineral assets,” Rao stated during a press conference in New Delhi. He also highlighted ongoing efforts in the DRC, Tanzania, and other countries, where Indian missions are actively engaging to facilitate exploration and mining opportunities for Indian companies.
This strategic move aligns with India’s goal of reducing dependency on imports and ensuring a steady supply of critical minerals to fuel its clean energy ambitions. The global demand for these minerals has surged as nations transition to renewable energy and EVs, making it imperative for India to secure its share of these resources.
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Australia, a global leader in lithium and rare earth production, has emerged as a key partner in India’s quest. Meanwhile, African nations like the DRC and Zambia, known for their vast reserves of cobalt and copper, are also critical to India’s strategy. Tanzania, with its untapped mineral potential, is another focus area for Indian exploration teams.
The government’s proactive approach underscores its commitment to achieving energy security and supporting the growth of domestic industries. By securing these assets, India aims to strengthen its position in the global clean energy supply chain and reduce vulnerabilities associated with geopolitical uncertainties.
As the world races toward a sustainable future, India’s efforts to secure critical minerals will play a pivotal role in shaping its energy landscape and economic growth.
Source: Web Team, C6N