#India reaches out to critical mineral producers for processing technology
NEW DELHI: India has reached out to key critical mineral producers to bring in processing technology into the country, officials said. The move comes close on the back of the government rolling out auctions of critical mineral mines.
“Talks are on with the United States (US), Australia, and United Kingdom (UK), South Korea, and Japan for processing technology. Brazil and Argentina are also positive about collaborating with India,” a senior mines ministry official told ET.
According to another official aware of the plan, agreements with countries are being lined up and will soon be signed.
While India is going ahead with auction of mines holding critical minerals, there are no facilities for their beneficiation.
“We want to target India’s first critical mineral beneficiation and processing plant in the next 3-5 years,” the official quoted above said. “We want to ensure that development of critical mineral processing and extraction happen in parallel.”
