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Reading: Mines Ministry Seeks Overseas Officers to Safeguard Essential Mineral Supply.
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Mines Ministry looks to appoint dedicated officers abroad to secure critical mineral supply
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Mines Ministry Seeks Overseas Officers to Safeguard Essential Mineral Supply.
Economy

Mines Ministry Seeks Overseas Officers to Safeguard Essential Mineral Supply.

Economy Desk By Economy Desk January 4, 2025 2 Min Read
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The Ministry of Mines in India is taking a proactive approach to secure a stable supply of critical minerals needed for the country’s energy transition and industrial needs. To facilitate this, the Ministry is considering appointing dedicated officers as representatives for the Critical Mineral Mission and KABIL at various Indian Missions abroad. These officers would serve as central points of contact for Indian companies seeking investment opportunities in critical minerals overseas and would coordinate with local governments, mining entities, and relevant authorities in the respective countries.

The Ministry has identified 24 critical minerals, including lithium, copper, cobalt, vanadium, molybdenum, nickel, rare earth elements, platinum group elements, and graphite. Efforts are already underway to explore and acquire these minerals in countries like Argentina, Australia, Congo, Zambia, and other African nations. India has also signed MoUs with several countries for exploration, sourcing, and possible investment in critical minerals.

The appointment of dedicated officers at Indian Missions abroad is part of India’s strategy to diversify its sources of critical minerals, strengthen its resource supply chains, and support its ambitious energy transition goals. These officers will play a crucial role in fostering partnerships in exploration and mining of critical and strategic minerals, ensuring a resilient and reliable supply for India’s industrial and energy needs.

Overall, this proactive initiative by the Ministry of Mines reflects India’s commitment to securing a stable supply of critical minerals and supporting its energy transition and industrial development goals. By appointing dedicated officers at Indian Missions abroad, the Ministry aims to strengthen partnerships, facilitate investments, and ensure the availability of essential minerals for the country’s future growth and sustainability.

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