India’s Critical Mineral Supply Faces Delays

-India’s commercialisation of newly auctioned critical mineral blocks is unlikely before 2030, posing supply risks.

-Full import dependence on critical minerals like lithium, cobalt, and nickel.

-The government is auctioning 38 blocks and introduced ‘Exploration Licenses’ to attract overseas companies.

-China’s dominance in mineral processing heightens global supply chain risks.

-India is acquiring overseas assets and joined the US-led Mineral Security Partnership for better supply chain security.

-Government policies and incentives are needed to boost domestic processing capabilities and ensure energy security.

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