Govt approves Rs 16,300-cr National Critical Minerals Mission

India, Jan. 29 -- The government on Wednesday approved a Rs 16,300-crore National Critical Minerals Mission (NCMM) to promote exploration of critical minerals within the country and at offshore locations.

The approval was given by the Union Cabinet chaired by Prime Minister Narendra Modi. Briefing the media after the Cabinet meeting, minister for information and broadcasting Ashwini Vaishnaw said that the mission aims to reduce the dependence on import of critical minerals and ensure self-reliance.

The NCMM will encompass all stages of the value chain, including mineral exploration, mining, beneficiation, processing, and recovery from end-of-life products. The mission will intensify the exploration of critical minerals within the country ...