To secure critical supply chains, India has unveiled a new mining policy opening lithium and rare earth mineral blocks to private players.
Regions like Rajasthan and Jammu are expected to see fresh exploration activity.
Why It’s Important
Lithium and rare earths are essential for:
- EV batteries
- Semiconductors
- Defense electronics
- Renewable energy storage
Reducing dependency on imports, especially from dominant global suppliers, is a strategic priority for India’s energy and technology security.