Indian co’s eye critical minerals mining in Lanka, Aus as govt expands search.

Syllabus: GS-I, Subject: Geography, Topic: Resources – World and India, Issue: Critical Minerals

Context: The Ministry of Mines discuss opportunities for the mining of critical minerals by Indian companies in Sri Lanka and Australia.

Sri Lanka:

  • Significant reserves of vein graphite, a highly pure form of natural graphite.
  • Graphite is a critical mineral that is extensively used as the anode material in lithium-ion batteries.
  • Graphite in India is largely concentrated in Arunachal Pradesh, Jammu & Kashmir, and Jharkhand

Australia :

  • Produces almost half of the world’s lithium and is the second-largest producer of cobalt.
  • Both lithium and cobalt are used in Electric Vehicles and consumer electronics.
Khanij Bidesh India Limited (KABIL): A joint venture company established by the Government of India in 2019.

Objective: To identify, acquire, develop, process, and commercially utilise strategic minerals in overseas locations for supply to India.


Prelims Connect: Lithium Triangle:


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