The government approved a ₹16,300-crore National Critical Mineral Mission.
It is envisaging a total outlay of ₹34,300 crore spread over seven years.
It aims to achieve the self-reliance and accelerate India’s journey towards green energy transition.
Public sector enterprises are expected to contribute ₹18,000 crore to the mission.
The Critical minerals such as copper, lithium, nickel, cobalt and rare earth are essential raw materials required to fuel the growth of rapidly growing clean energy technologies.
24 critical minerals have been identified.
The NCMM will encompass all stages of the value chain, including the mineral exploration, mining, beneficiation, processing, and recovery from the end-of-life products.
The mission will intensify the exploration of critical minerals within the country and in its offshore areas.
The Geological Survey of India (GSI) has undertaken 368 exploration projects for critical minerals over the past three years.
195 projects are currently underway in 2024-25.
In 2025-26, GSI will take up 227 projects for various critical minerals.