Energy transition: #India remains highly dependent on imports of critical minerals, says report

India remains highly dependent on imports for minerals critical to accelerating its energy transition, with a full reliance on shipping in lithium, cobalt and nickel, according to a report released Monday (October 28, 2024).

The report, published by the Institute for Energy Economics and Financial Analysis (IEEFA), said that India’s demand for critical minerals is expected to more than double by 2030, while domestic mining operations may take over a decade to start producing.

Read more at: https://www.thehindu.com/news/national/energy-transition-india-remains-highly-dependent-on-imports-of-critical-minerals-says-report/article68806064.ece

https://ieefa.org/resources/indias-hunt-critical-minerals

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