National Critical Mineral Mission: India’s Path to Clean Energy with an Investment of ₹34,300 Crore

The Indian government has approved the National Critical Mineral Mission (NCMM) with an allocation of ₹16,300 crore, alongside an expected investment of ₹18,000 crore from public sector enterprises. The mission aims to achieve self-reliance in critical minerals and accelerate the country’s green energy transition. These minerals are essential for clean energy technologies, including electric vehicles, battery production, and renewable energy infrastructure.

Strengthening Domestic Exploration and Mining

The NCMM will focus on exploring critical minerals such as lithium, cobalt, nickel, copper, and rare earth elements within India and offshore locations. The mission will enhance the regulatory framework, ensuring a fast-track approval process for mining projects. Additionally, it will promote financial incentives for mineral exploration and encourage recovery from overburden and tailings.

The initiative builds on previous legislative changes, including amendments to the Mines and Minerals (Development and Regulation) Act, of 1957, which facilitated the auction of 24 strategic mineral blocks. The Geological Survey of India (GSI) has also intensified its exploration efforts, undertaking 368 projects over the past three years, with 195 ongoing in 2024-25 and 227 planned for 2025-26.

Expanding Overseas Acquisitions and Technological Advancements

A key objective of the mission is to reduce India’s dependence on imports by acquiring mineral assets abroad and fostering trade partnerships with resource-rich nations. The NCMM also includes the development of stockpiles for critical minerals to ensure a stable supply.

To strengthen mineral processing capabilities, the mission proposes setting up mineral processing parks and advancing research in critical mineral technologies. Establishing a Centre of Excellence on Critical Minerals is also planned to support innovation and recycling initiatives.

Conclusion

The National Critical Mineral Mission represents a comprehensive approach to securing India’s critical mineral supply chain. By intensifying domestic exploration, acquiring overseas assets, and promoting technological advancements, the mission aims to drive the nation towards self-sufficiency in clean energy resources.

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