India is exploring critical minerals in Zambia, Congo, and Australia to enhance its resource security and reduce dependency on imports. Companies like Coal India and ONGC Videsh are involved in these efforts. Significant lithium reserves have been identified in Jammu and Kashmir, with further development plans underway. The government has allocated substantial funding for the critical minerals sector to support energy transition technologies.
India is actively pursuing the exploration of critical minerals such as lithium in Zambia, Congo, and Australia, as stated by Mines Secretary V.L. Kantha Rao. This initiative aims to reduce India’s dependence on mineral imports crucial for energy transition technologies. Notable companies involved include Coal India, NMDC, and ONGC Videsh, which are currently engaged in exploration activities in Australia.
The Zambian government has allocated 9,000 square kilometers for India’s exploration of cobalt and copper, as reported by Rao during a media conference. Additionally, India is also considering mining opportunities in Congo and Tanzania. Furthermore, Mines Minister G Kishan Reddy indicated that efforts are underway to explore lithium reserves in Jammu and Kashmir, with findings expected by May 2025.
In February 2023, India identified its first lithium deposits in Jammu and Kashmir, estimating about 5.9 million metric tons in reserves. However, the government has yet to attract bids for auctioning mining rights in the region. The Indian government has classified over 20 minerals, including lithium, as “critical” to facilitate its energy transition and to meet the increasing demands from various industries.
In January 2025, New Delhi sanctioned Rs 63 billion (approximately $1.88 billion) to advance the development of the critical minerals sector. This strategic investment reflects India’s commitment to securing essential raw materials necessary for sustainable development and technological advancement in the energy sector.
In conclusion, India’s endeavors to explore and mine critical minerals in various countries demonstrate its strategic focus on reducing reliance on imported resources essential for energy transition. By investing in exploration and development, including ongoing efforts in Jammu and Kashmir, India is positioning itself to meet the rising demands of its industries while ensuring resource security for sustainable growth.
Original Source: www.business-standard.com
