India is exploring mining opportunities for critical minerals like lithium in countries such as Zambia, Congo, Tanzania, and Australia, aiming to reduce import reliance for energy transition technologies. The government has identified 20 critical minerals, allocated funds for their development, and is furthering domestic lithium processing capabilities. India has made agreements for exploration in Zambia and is focusing on Jammu and Kashmir for lithium reserves.
India is actively pursuing opportunities to mine critical minerals, including lithium, across nations such as Zambia, the Democratic Republic of Congo, Tanzania, and Australia. This initiative is part of India’s strategy to diminish its dependence on imports for technologies related to energy transition. The Indian government has recognized 20 essential minerals and has committed substantial financial resources to enhance the development of the critical minerals sector.
With the growing need for minerals essential to energy transition technologies, such as lithium, India aims to develop its domestic capabilities. Currently, the nation is in the process of establishing lithium processing technologies, an industry primarily dominated by China. Recent engagements with the Zambian government have led to an agreement that allows India to explore 9,000 square kilometers for cobalt and copper.
India’s Mines Minister, G Kishan Reddy, has announced that efforts to explore lithium reserves will also focus on regions within Jammu and Kashmir. Anticipation for clarity regarding these reserves is expected by May 2025. Earlier this year, the Indian government identified its initial lithium deposits in Jammu and Kashmir, estimating reserves at approximately 5.9 million metric tons, but has yet to receive any bids for mining rights in the region.
In response to the rising demand from various sectors, over 20 minerals, including lithium, have been earmarked as critical for India’s energy transition initiatives. Consequently, in January 2025, the Indian government allocated Rs 16,300 crore (approximately $1.88 billion) for the advancement of the critical minerals sector, underscoring India’s commitment to securing its mineral resources in the near future.
In conclusion, India’s exploration of critical minerals, particularly lithium, is a strategic effort to enhance domestic capabilities and reduce reliance on imports. With significant investments and agreements in place for mining in Zambia, Congo, and other regions, India is positioning itself to meet the growing demands of energy transition technologies. The ongoing development of lithium processing technologies, alongside local exploration in Jammu and Kashmir, strengthens India’s energy security and industrial growth.
Original Source: m.economictimes.com
