India looking to Africa for critical minerals


- Advertisement -
India is looking to Africa for minerals such as copper, cobalt and other critical minerals, while also engaging with Australia for lithium blocks, said V L Kantha Rao, secretary of mines, on the sidelines of an industry event on Friday.
“In Africa, we are exploring countries like Zambia, Namibia, Congo, and Ghana for critical minerals,” he added.
India is preparing rules for the auction of offshore mineral blocks with 10 blocks ready, Rao said, adding the country aims to begin auctions this year.
India will also announce the results of the first tranche of critical mineral blocks in 10 days, he said.
- Advertisement -


Please enter your comment!
Please enter your name here

Share post:




More like this

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...