NMDC Eyes Overseas Critical Minerals to Secure India’s Future Resource Needs
Greater Noida: India’s National Mineral Development Corporation (NMDC) is looking to acquire critical mineral assets in the overseas markets to secure country’s future needs, sources said. Critical minerals are essential for economic development and national security but have a high risk of supply disruption. Some key critical minerals include: Lithium, Cobalt, Nickel, Rare Earth Elements (REEs), Graphite, Copper. These minerals are concentrated in very few countries and used in modern technologies. The future technological race depends on these minerals. Why Are Critical Minerals Important for India? Energy Transition & Electric
