India's Critical Mineral Mission Set to Lead Global Green Race by 2025
India prepares to take the spotlight with the introduction of its highly anticipated Critical Mineral Mission in 2025, as the globe races to obtain essential minerals for renewable energy and new technologies. India is poised to launch a national initiative for the essential and strategic minerals sector as it aims to advance its path toward a green energy transition and enhance electric vehicle production capacity.
Although a significant part of 2024 was dedicated to groundwork, the following year is set to be a pivotal one for India's mineral and mining industry. This initiative, an ambitious and cooperative venture, will bring together ministries, industries, research institutions, and international think tanks in a common goal to ensure a sustainable supply of the minerals that drive the world of the future.
Through a sequence of prominent roadshows overseas combined with intentions to purchase essential mineral resources in Australia, India aims to attract global investors and establish its presence on the worldwide mining landscape. Mines Secretary V L Kantha Rao emphasized the mission's essence of collaboration and determination, where the government, industry, and innovation collaborate closely to create a future filled with opportunities and development.
Rao told PTI: "In 2025 we will launch the Critical Mineral Mission. This will be a mission that will have six to seven ministries, a lot of industry, R&D institutions and think tanks working together."
Rao Explained: "Basically we have to bring the Mission forward so that there is a whole government approach. There is an approach wherein the industry and all the stakeholders, R&D, foreign acquisitions everything works together."