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India’s Cabinet on Wednesday approved a 163 billion-rupee (US$1.9 billion) program to secure supplies of a range of minerals used mainly in battery, electronics, defense and agriculture sectors.

The National Critical Mineral Mission will focus on local mining and processing of 24 vital minerals, as well as acquisitions of mining blocks overseas, Information and Broadcasting Minister Ashwini Vaishnaw told reporters.

The initiative, which will also give a thrust to the recycling of materials such as lithium, cobalt, potash and graphite, will help reduce the country’s reliance on imports, he said in New Delhi. The nation relies almost entirely on overseas shipments for energy transition materials, including cobalt, nickel, lithium and copper ore and concentrates, with China being a key supplier.

Read more at: https://www.taipeitimes.com/News/biz/archives/2025/01/31/2003831089