Digging Deep: India’s Critical Mineral Chase Leads to Australia, Argentina & Chile!

India is intensifying its efforts to secure critical mineral resources, with the Ministry of Mines actively exploring lithium and cobalt assets in Australia, Argentina, and Chile. The initiative, led by Khanij Bidesh India Ltd. (KABIL), aims to reduce India's dependence on imports and strengthen its electric vehicle (EV) and renewable energy sectors.

 

1. Strategic Partnerships and Agreements

2. Why These Minerals Matter

3. Future Outlook and Economic Impact

Experts predict that successful mineral acquisitions will boost India's industrial growth and reduce reliance on foreign suppliers.

 

Sources: Economic Times, Times of India, pib.gov.in