India Secures Critical Minerals from Peru, Chile, Argentina
COAL & MINING

India Secures Critical Minerals from Peru, Chile, Argentina

India is accelerating efforts to secure stable supplies of critical minerals from Peru, Chile, and Argentina, aiming to strengthen its renewable energy and green mobility sectors.
This move comes amid supply chain disruptions caused by China’s restrictions on exports of rare earth magnets and tunnel boring machines (TBMs), which have impacted Indian industries. High-level talks with Peru are focusing on lithium, copper, and rare earth imports. Meanwhile, free trade agreement (FTA) negotiations with Chile are due to begin soon, while Argentina offers opportunities in critical minerals, energy, and agriculture.
China’s export curbs have doubled the number of Indian firms awaiting rare earth licences, affecting automakers such as Ashok Leyland ahead of the festive season. To mitigate the shortage, India is considering a strategic rare earth reserve for defence, alongside bilateral agreements and mining law reforms to support overseas and domestic projects.
The National Critical Mineral Mission, backed by a $4 billion investment, underlines India’s push for self-reliance amid a $100 billion trade gap, reinforcing clean energy targets. 

India is accelerating efforts to secure stable supplies of critical minerals from Peru, Chile, and Argentina, aiming to strengthen its renewable energy and green mobility sectors.This move comes amid supply chain disruptions caused by China’s restrictions on exports of rare earth magnets and tunnel boring machines (TBMs), which have impacted Indian industries. High-level talks with Peru are focusing on lithium, copper, and rare earth imports. Meanwhile, free trade agreement (FTA) negotiations with Chile are due to begin soon, while Argentina offers opportunities in critical minerals, energy, and agriculture.China’s export curbs have doubled the number of Indian firms awaiting rare earth licences, affecting automakers such as Ashok Leyland ahead of the festive season. To mitigate the shortage, India is considering a strategic rare earth reserve for defence, alongside bilateral agreements and mining law reforms to support overseas and domestic projects.The National Critical Mineral Mission, backed by a $4 billion investment, underlines India’s push for self-reliance amid a $100 billion trade gap, reinforcing clean energy targets. 

Next Story
Resources

Hindustan Zinc, RIICO Advance Plans for Proposed Zinc Park

Hindustan Zinc, in collaboration with the Rajasthan State Industrial Development & Investment Corporation (RIICO), held a stakeholder consultation workshop in Jaipur to advance the proposed Zinc Park, the world’s first dedicated industrial ecosystem for zinc, lead, silver, and allied metals. The initiative aims to position Rajasthan as a global hub for metals innovation and manufacturing. The workshop brought together policymakers, industrial leaders, MSMEs, technology partners, and prospective investors to refine the park’s infrastructure blueprint, policy framework, and sectoral..

Next Story
Real Estate

ANAROCK Unveils AI Platform to Transform Housing Sales

ANAROCK has recently launched ANAROCK.AI, an advanced residential sales platform integrating generative and predictive AI to accelerate property transactions and strengthen customer engagement. Built on eight years of proprietary data covering seven million enquiries and 90,000 unit sales, the platform uses machine learning to identify high-intent buyers, revive dormant leads, and enhance channel partner performance. The suite comprises nine tools across three segments—Genie Suite for 24/7 conversational engagement; Astra Suite for predictive lead scoring, sales revival and team optimisatio..

Next Story
Infrastructure Energy

Tsuyo, Karnataka Ink LOI for EV Powertrain Facility

Tsuyo Manufacturing has recently signed a Letter of Intent with the Government of Karnataka to set up an advanced EV powertrain manufacturing facility and a dedicated testing track for commercial vehicles. The agreement was formalised at the Bengaluru Tech Summit 2025 in the presence of senior state officials and company leadership. The proposed plant will produce a wide range of powertrain solutions, including electric motors across multiple topologies, e-drives, e-axles, automatic transmissions, integrated systems, and complete powertrain assemblies for heavy commercial EVs. It will also fe..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement