India explores global mineral opportunities

India is actively engaging with African and Latin American countries for critical mineral blocks through government-to-government negotiations. Discussions are also underway with Australia for similar mineral resources.

Fast-tracking clearance for domestic critical mineral blocks may become necessary, she emphasised. Khanij Bidesh India Ltd (KABIL) is advancing plans to commence exploration in Argentina, following a $24 million lithium exploration agreement signed earlier this year.

V.L. Kantha Rao, India’s mines secretary, highlighted the country’s pursuits in Africa for minerals like copper and cobalt, alongside efforts to secure lithium reserves in Australia.

Attribution: Reuters citing Veena Kumari Dermal, joint secretary of the Ministry of Mines.