India, March 24 -- The Government of India issued the following news release:
The Union Cabinet has approved the National Critical Mineral Mission (NCMM) on January 29, 2025. The NCMM aims to secure a long-term sustainable supply of critical minerals and strengthen India's critical mineral value chains encompassing all stages from mineral exploration and mining to beneficiation, processing, and recovery from end-of-life products. The NCMM components also include 'increasing domestic critical mineral production' and 'Acquisition of Critical Mineral Assets abroad'.
For acquisition of overseas mineral assets, the Ministry of Mines has established a joint venture company, Khanij Bidesh India Ltd. (KABIL). KABIL has signed an Exploration and D...