India is exploring critical minerals in Zambia, Congo, and Australia to secure lithium and other vital resources. Companies like Coal India and ONGC Videsh are involved in these efforts. The Zambian government has designated land for Indian exploration, while India also aims to develop domestic lithium processing technologies. Additionally, significant investments support the critical minerals sector.
India is actively pursuing the exploration of critical minerals in Zambia, Congo, and Australia, as stated by Mines Secretary V.L. Kantha Rao. The initiative focuses on securing essential raw materials like lithium, which are vital for technology related to energy transition. Companies such as Coal India, NMDC, and ONGC Videsh have been designated to explore mineral deposits specifically in Australia.
This strategy is part of India’s broader effort to lessen its dependence on mineral imports, particularly lithium, which is crucial for evolving energy solutions. Furthermore, India is currently developing its own lithium processing technologies, an area where China largely dominates the global landscape. The Zambian government has allocated 9,000 square kilometers for Indian exploration of cobalt and copper, demonstrating significant international collaboration in the mining sector.
In addition, Mines Minister G Kishan Reddy announced plans to explore lithium reserves in Jammu and Kashmir, anticipating clarity on this initiative by May 2025. Earlier in February 2023, India discovered its first lithium deposits in Jammu and Kashmir, estimated at 5.9 million metric tons, yet the government has struggled to attract bids for mining rights in the region.
In 2023, India identified more than 20 minerals, including lithium, as critical for its energy transition and the increasing demands posed by various industries and infrastructure projects. To support the development of the critical minerals sector, New Delhi approved an investment of Rs 63 billion (approximately $1.88 billion) in January 2025, marking a significant financial commitment to this strategic initiative.
In conclusion, India’s exploration of critical minerals, particularly in Zambia, Congo, and Australia, illustrates its proactive strategy to secure essential resources for energy transition. The focus on lithium, coupled with domestic explorations, positions India favorably in the global minerals market, reflecting a significant commitment to reducing import dependency and advancing technological capabilities.
Original Source: www.business-standard.com
