Critical Minerals
Latest news, explainers and analysis on Critical Minerals. Tracking 7 stories on Arth Vani.
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Latest on Critical Minerals
India’s Lithium and Nickel Refining Ambitions Hit Raw Material Supply Hurdle
India's push to become a global hub for processing critical minerals like lithium and nickel is facing a significant challenge due to a shortage of domestic raw materials. While the government is incentivizing local refining, the industry remains heavily dependent on imports to meet the growing demand for EV batteries and electronics.
India Invests ₹2,814 Crore in Lithium Exploration to Boost Self-Reliance
Prime Minister Narendra Modi has announced a significant investment of ₹2,814 crore towards lithium exploration in India. This strategic move aims to reduce the country's dependence on foreign nations for critical minerals essential for electric vehicles and electronics.
BreakingIndia Forges Critical Mineral Supply Partnerships with UK, EU; Deepens US Collaboration
India is actively pursuing partnerships with the United Kingdom and the European Union to bolster its critical mineral processing capabilities, aiming to secure vital resources for its high-tech industries. This initiative complements existing collaborations with the United States on resilient supply chains and forms part of India's broader strategy to reduce import dependency and encourage domestic manufacturing.
India, EU Strengthen Tech & Critical Minerals Ties; FM Sitharaman Holds Bilateral Meetings
India and the European Union are exploring deeper cooperation in critical minerals, fintech, and artificial intelligence. Separately, Finance Minister Nirmala Sitharaman held key bilateral meetings with her counterparts from Russia, Poland, Qatar, and South Korea to discuss economic cooperation.
Aramco and Ma'aden Advance Saudi Copper Mining Joint Venture
Saudi Arabian giants Aramco and Ma'aden are moving forward with their joint venture to develop a major copper mining project in the Kingdom. This initiative aims to diversify Saudi Arabia's economy beyond oil and tap into the growing global demand for critical minerals.
India Sees End-of-Life EV Batteries as Crucial for Resource Security & Clean Energy Future
As electric vehicle (EV) adoption rapidly grows, India is increasingly viewing discarded EV batteries as a strategic source of vital minerals. Developing a strong battery recycling sector is key to ensuring India's self-reliance in resources, boosting local manufacturing, and achieving its clean energy goals.
US Firm MP Materials Boosts Rare-Earth Magnet Production, Global Supply Chain Impact Expected
MP Materials, a key player in rare-earth materials, has launched an initiative to produce rare-earth magnets domestically in the United States. This strategic move aims to diversify the global supply chain, which is currently heavily reliant on a single region, for critical components used in electric vehicles and renewable energy.
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