As the world moves towards clean energy technologies, the demand for critical minerals is surging. So is their import dependence. Most of these minerals – which help power electric vehicles, wind turbines and solar panels – are imported from China, which is a leader in global production and supplier of these resources.
During the launch of India’s maiden auction process on November 29, Union Minister of Mines Pralhad Joshi said that the collective value of the 20 blocks was estimated to be $5.4 billion (Rs 45,000) crore.
