India Launches ₹32,000 Cr Mission for Critical Minerals Self-Reliance

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Strategic Push Intensifies

National Critical Minerals Mission allocated ₹32,000 crore for exploration, processing, value addition. Targets lithium, cobalt, rare earths crucial for EVs, renewable energy, defense

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Reasi Lithium Milestone

J&K's Reasi deposit (5.9 million tonnes) completes G2 exploration phase. Third auction attempt planned after data clarity. KABIL explores lithium in Argentina, cobalt in Australia/Chile

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Rare Earth Corridors Launched

Budget 2026 creates dedicated corridors in Odisha, Kerala, AP, Tamil Nadu. ₹7,280 crore PLI scheme for Rare Earth Permanent Magnets (6,000 tonnes/year capacity)

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Startup Ecosystem Push

Government replicates biotech success model for mining. Simplified forest clearances, faster approvals, handholding for startups. Private sector exploration incentivized to reduce bureaucratic delays

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China Dependence Risks

India 100% import-dependent on lithium, cobalt, nickel. China controls 90% rare earth processing, 70% lithium chemicals. Minerals Security Partnership, Australia/Argentina deals diversify supply chains critically

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With Our Subscription Plans

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India Launches ₹32,000 Cr Mission for Critical Minerals Self-Reliance

Strategic Push Intensifies National Critical Minerals Mission allocated ₹32,000 crore for exploration, processing, value addition. Targets lithium, cobalt, rare earths crucial for EVs, renewable energy, defense

Reasi Lithium Milestone J&K's Reasi deposit (5.9 million tonnes) completes G2 exploration phase. Third auction attempt planned after data clarity. KABIL explores lithium in Argentina, cobalt in Australia/Chile

Rare Earth Corridors LaunchedBudget 2026 creates dedicated corridors in Odisha, Kerala, AP, Tamil Nadu. ₹7,280 crore PLI scheme for Rare Earth Permanent Magnets (6,000 tonnes/year capacity)

Startup Ecosystem Push Government replicates biotech success model for mining. Simplified forest clearances, faster approvals, handholding for startups. Private sector exploration incentivized to reduce bureaucratic delays

China Dependence RisksIndia 100% import-dependent on lithium, cobalt, nickel. China controls 90% rare earth processing, 70% lithium chemicals. Minerals Security Partnership, Australia/Argentina deals diversify supply chains critically