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📈 𝗨𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀: 𝗜𝗻𝗱𝗶𝗮'𝘀 𝗖𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝗠𝗶𝗻𝗲𝗿𝗮𝗹𝘀 𝗜𝗻𝗶𝘁𝗶𝗮𝘁𝗶𝘃𝗲 𝗮𝗻𝗱 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝘄𝗶𝘁𝗵 𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗮 🌏 India has taken proactive steps to mitigate potential supply chain disruptions by identifying 30 critical minerals essential for the country's 'self-reliance.' These minerals, crucial for key technologies, underscore the need for prioritized efforts and resources to ensure an uninterrupted supply chain. Currently, India boasts production of 95 minerals and ranks fifth globally in rare earth mineral reserves. In 2019, the federal government established Khanij Bidesh India Ltd. (KABIL), a joint venture involving three public sector undertakings – National Aluminium Company Limited (NALCO), Hindustan Copper Limited (HCL), and Mineral Exploration and Consultancy Limited (MECL). With a stake ratio of 40:30:30, KABIL aims to secure critical minerals crucial for India's industrial needs. 🔎 𝗜𝗻𝗱𝗶𝗮-𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗮 𝗰𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝗺𝗶𝗻𝗲𝗿𝗮𝗹𝘀 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 India and Australia have forged a strategic partnership to secure the critical mineral supply chain, committing a joint investment of US$3 million each in five exploration projects located in Australia, focusing on lithium and cobalt. This partnership underscores the increasing focus on collaborations centered around lithium, vanadium, green steel, as well as nickel, copper, and magnetite between the two countries 🔗 Curious to learn more about India's strategic initiatives in securing critical minerals? 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲 𝗵𝗲𝗿𝗲: https://lnkd.in/defAbQKt 📧 Interested in exploring investment opportunities or seeking expert insights on navigating the Indian market? 𝗖𝗼𝗻𝗻𝗲𝗰𝘁 𝘄𝗶𝘁𝗵 𝗼𝘂𝗿 𝘁𝗲𝗮𝗺 𝗼𝗳 𝗲𝘅𝗽𝗲𝗿𝘁𝘀 𝘁𝗼𝗱𝗮𝘆: https://lnkd.in/dz3bEcAS

Collaboration with Critical Mineral Powerhouses is the Way Forward. India is proactively securing its future critical mineral needs by engaging with key producers to bring processing expertise into the nation. Our country is already a member of the US-led Mineral Security Partnership (MSP), whose aim is to catalyze public and private investment in critical mineral supply chains globally. By aligning with nations that have abundant reserves of critical minerals, we stand to gain advanced technical expertise and knowledge required for the transition to clean energy. If India is included as the US Critical Mineral Agreement (CMA) member, we can support in ensuring sustainable and equitable supply chains for critical minerals & to promote the goals of the US Inflation Reduction Act. This becomes much important when China has imposed export sanctions, and we need more investments in India to support not only the US but global supply chain. Moreover, this collaboration will boost the US Inflation Reduction Act (IRA), under which US automakers are actively seeking localized supply chain & sourcing of battery components from member countries. We are at a crucial juncture, and India's decision to invest in developing global partnerships will help us build a more resilient supply chain of critical minerals. #CriticalMinerals #CleanEnergy #GlobalPartnerships #MineralSecurity #EV #Battery #Materials #Sustainability #US #Inflationreduction 

India is actively seeking collaborations with major mineral-producing countries like the US, Australia, and Japan to introduce advanced processing technology domestically. These discussions aim to strengthen India's mining sector by establishing critical mineral beneficiation and processing plants within the next 3–5 years. The government's focus is on developing both extraction and processing capabilities to support industries such as advanced chemistry cell manufacturing for batteries. The Centre of Excellence under the Mines Ministry is leading efforts to expedite critical mineral mining, processing, and manufacturing, recognizing the importance of minerals like cobalt, graphite, lithium, and rare earth elements across sectors such as electric vehicles, defense, and telecommunications. How do you think India's collaboration with other countries for mineral processing technology will impact its economy and industrial growth in the coming years? Share your thoughts! #economy #collaboration #industrial #partnership #mining #india

Did you know that 🇱🇰 Sri Lanka holds a valuable key to #diversifying the global supply chain for #critical #minerals? 📈 With significant reserves of #vein #graphite, a highly pure (95-99% carbon) form of natural graphite found exclusively in this island nation, Sri Lanka emerges as a promising #alternative to India in the critical mineral supply chain. 💡Graphite plays a pivotal role in various industries, particularly as the anode material in lithium-ion #batteries, powering everything from smartphones to #electric #vehicles. 🔋 EV battery industry demands #highpurity #graphite for its anode material to ensure optimal performance and longevity of lithium-ion batteries. Vein graphite, known for its exceptional purity levels, meets these stringent requirements. 🍃According to Institute of Policy Studies of Sri Lanka, Sri Lankan vein graphite, certified as environmentally sustainable with the “green” label, will solidify its standing in the global market. 🚗⚡ As India ramps up efforts to meet the skyrocketing demand for electric vehicle batteries by setting up #gigafactories, the need for a robust and diversified supply of graphite becomes even more pressing. 📊 Sri Lanka boasts impressive extraction potential, with an estimated 1.3 million tonnes of vein #graphite #reserves, as per data from the US Geological Survey, contributing significantly to the global market in future. 🚫 By harnessing Sri Lanka's vein graphite resources, India 🇮🇳 can reduce dependence on single-source suppliers, thereby mitigating the risks associated with #overreliance on any one country, e.g., China 🇨🇳 🪨 At present, China dominates globally by securing roughly 75% natural graphite and 74% synthetic graphite supply chain. Further, refines 90% of the world’s graphite into anode material. 🔄 Embracing #localised supply chains not only bolsters economic #resilience but also fosters supply chain resilience and #sustainability. Let's explore the untapped potential of Sri Lanka's graphite reserves and pave the way for a more robust and diversified critical mineral supply chain! Latest developments: https://lnkd.in/ehG7j2qM SIPS Article: https://lnkd.in/exbi7zBs #Graphite #SriLanka #India #CriticalMinerals #SupplyChain #Diversification #Localisation #Resilience #Sustainability

The Depletion Of High-Quality Sodium Feldspar in India 🇮🇳 is a Growing Concern Several factors contribute to this issue:⬇️ Increased Demand: The glass and ceramic industries heavily rely on sodium feldspar, leading to higher extraction rates. Limited High-Quality Deposits: High-quality feldspar deposits are finite and are being exhausted faster than new ones are discovered. Extraction Challenges: As easily accessible deposits deplete, mining operations must move to more challenging locations, increasing costs and reducing efficiency. Efforts to address this include:⬆️ Improved Mining Techniques: Enhancing extraction methods to maximize yield from existing deposits. Recycling and Substitution: Developing recycling processes and finding alternative materials to reduce reliance on natural feldspar. Exploration: Investing in geological surveys to discover new deposits. These strategies aim to mitigate the impact of depletion and ensure a sustainable supply of sodium feldspar for industrial use.

#StatecraftInTheNews: India is ramping up efforts to secure critical minerals like lithium, essential for EV batteries, as it aims to bolster its energy supply chains. Government officials are urging state-owned mining groups to explore reserves in South America and Africa. The push comes as India seeks to catch up with rivals like China in industries such as electric vehicles and renewables. VL Kantha Rao, a secretary in India’s Ministry of Mines, emphasises the growing importance of critical minerals for technology and climate goals. India plans to allocate about half of its upcoming domestic exploration projects to critical minerals such as graphite, molybdenum, nickel, cobalt, lithium, and potash. Efforts include domestic development and international partnerships, such as acquisitions in Argentina. India’s state-owned Khanij Bidesh India Ltd (Kabil) has signed agreements in Argentina and Australia to secure critical minerals. The country is eyeing projects in Chile, Bolivia, and African nations like Namibia, DRC, Zambia, Mozambique, and South Africa. Despite being a fast-growing economy, India faces challenges in closing the gap with China, a dominant player in securing mineral supplies. Geopolitical implications loom large as countries vie for control over next-generation energy technologies. India’s membership in the Minerals Security Partnership underscores its commitment to ensuring a stable supply of raw materials. However, acquiring exploration blocks is a slow process, highlighting the need for strategic investments and partnerships. With vast mineral reserves and a large labour force, India has the potential to become a major player in the critical minerals space.

India currently needs to import most critical minerals, and access to local mines is important for the growth of the electric vehicles market and the renewable-power sector.

India's Ministry of Mines, in collaboration with CSIR-National Institute for Interdisciplinary Science and Technology (NIIST), is spearheading a new initiative to enhance the extraction of critical minerals like lithium and rare earth elements. With significant funding allocated to research and development, this initiative is a strategic move to reduce India's reliance on imports and build a robust domestic industry. The recent efforts in Chhattisgarh and Jammu and Kashmir highlight both the challenges and the potential of this ambitious project. This could be a turning point for India's energy independence and a key driver of its role in the global energy transition. #CSIRNIIST #MinistryOfMines #Chhattisgarh #JammuAndKashmir #CriticalMinerals #EnergyIndependence #India #EnergyTransition #Lithium https://lnkd.in/ddYE9WGU

Unstoppable Global Expansion Soaring Consumption of Important Minerals: Transition into green energy is pushing some very much in-demand minerals such as lithium, nickel, cobalt, and rare earth elements. Countries around the world are on a fierce hunt for these strategic minerals for electric cars and alternative energy sources. India's Position in the Scrap Metal Market: The output of the steel and iron ore production is considerably increasing which makes this country one of the central key players in many chain systems. The country is also making steady and unprecedented progress in various mining and metallurgy which helps position it as a notable player in the global metals market. Good Mining Practices: To cater for the increasing demand, there is a trend for companies to come up with more sustainable methods of mining so as to minimize environmental degradation. Such innovations coupled with emerging regulations are responsible for greener methods of extraction. Global Commitments: Countries and corporations are busy allocating resources so as to investigate or develop new mineral reserves which is very active in the investment environment globally. Such investment is encouraging development and improvement of the industry. 🔋 The next big energy Storage Breakthrough: It is fair to say that, the metals and minerals industry is t he leading unit in the energy storage breakthrough with development in battery technology increasing demand for high quality metals. #GlobalGrowth #GreenEnergy #EconomicTrends #BusinessInsights

Importance of India - USA Collaboration to fill - up the Global Critical Minerals Supply Chain Market: The demand for key minerals, such as graphite, manganese, and lithium will continue to play a vital role in the electric vehicles (EV) space and will help India work towards its net zero vision in 2070. India has potential to strengthen Global Critical Minerals Supply Chain. The bilateral US-India energy relationship is one of the most consequential in the world and India has the potential to be a key partner in diversifying critical mineral supply chains globally, US Assistant Secretary of State for Energy Resources Geoffrey Pyatt said at an industry roundtable on " Enhancing US-India Critical Minerals Collaboration ", recently. The goal is to forge an actionable roadmap for enhancing US-India collaboration in the critical minerals domain. While recognising that this collaboration is still burgeoning, the objective remains to catalyse investments and foster robust bilateral linkages within critical minerals supply chains and their downstream industries. At a time of re-shoring supply chains, a critical minerals synergy will help solidify a new component of the Quad structure and boost India's manufacturing potential in areas such as smartphones and electric vehicles. Verinda Fike, the Regional Director for the Indo-Pacific at the US Trade and Development Agency said USTDA is committed to partnering across governments and the private sector to strengthen critical mineral supply chains. These partnerships are important to the shared clean energy and digital infrastructure goals of both India and the United States. It is important to bring together a diverse array of stakeholders from industry, including USISPF members, the US government and the Embassy of India, think tanks, and international partners with interests and aspirations in the US or India's critical minerals market.. India and U S jointly should aim at shaping policies that mutually benefit the critical minerals sectors of both the United States and India. Posted by : Dr Om Prakash Gupta Global Advisor - Mining and Metals New Delhi, India E mail address: opg2729@gmail.com