Team Blitz India
NEW DELHI: The Government released a list of 30 critical minerals for India on July 24. These are Antimony, Beryllium, Bismuth, Cobalt, Copper, Gallium, Germanium, Graphite, Hafnium, Indium, Lithium, Molybdenum, Niobium, Nickel, PGE, Phosphorous, Potash, REE, Rhenium, Silicon, Strontium, Tantalum, Tellurium, Tin, Titanium, Tungsten, Vanadium, Zirconium, Selenium and Cadmium.
The Ministry of Mines has increased focus on exploration of these minerals in the country through Geological Survey of India (GSI) and other agencies.
A joint venture company Khanij Bidesh India Ltd. (KABIL) has been incorporated with the equity contribution from three Central Public Sector Enterprises, National Aluminium Company Ltd, Hindustan Copper Ltd and Mineral Exploration Company Ltd. The objective of this company is to identify and acquire overseas mineral assets of critical and strategic nature such as Lithium, Cobalt & others so as to ensure supply side assurance.