Cabinet Approves 'National Critical Mineral Mission' to build a resilient Value Chain for critical mineral resources vital to Green Technologies, with an outlay of Rs.34,300 crore over seven years
The mission aims to encourage Indian PSUs and private sector companies to acquire critical mineral assets abroad and enhance trade with resource-rich countries. It also proposes development of stockpile of critical minerals within the country
Encompasses all stages of the value chain, including mineral exploration, minig, beneficiation, processing and recovery from end of life products.
Create a fast track regulatory approval process for critical mineral mining projects.
Setting up of Centre of Excellence on Critical minerals.
