"India's central mission, launched January 2025 with a seven-year outlay of Rs 34,300 crore, to secure critical mineral supply through exploration, processing, recycling and overseas acquisition."

The National Critical Mineral Mission is the Government of India's principal policy instrument for addressing dependency on critical minerals such as lithium, cobalt, nickel, graphite, copper and rare earths. Launched January 2025 with a Rs 34,300 crore outlay, it targets 1,200 exploration projects, domestic production of 15 critical minerals by 2030-31, and acquisition of 50 overseas mineral assets (26 by public-sector undertakings, 24 by private entities). Its midstream components, 4 mineral processing parks, 3 centres of excellence, a strategic stockpile of at least 5 minerals, and a recycling incentive targeting 400 kilotonnes, are considerably smaller in scale than its exploration and acquisition targets, which is central to the critique that Indian critical-minerals policy has weighted resources toward the parts of the value chain that are cheapest to announce rather than the refining segment where India's actual dependency sits. The Mission complements KABIL's overseas lithium acquisitions in Argentina, the Rare Earth Permanent Magnet scheme (approved November 2025), and the rare-earth processing corridors proposed for Odisha, Kerala, Andhra Pradesh and Tamil Nadu in Budget 2026-27. As of August 2026, none of its instruments had yet produced commercial-scale domestic refining capacity.

Prelims tests the Mission's launch date, outlay and headline targets; Mains uses it to assess whether India's critical-minerals policy correctly targets the segment where its dependency actually sits.

  • 1 Launched January 2025; seven-year outlay of Rs 34,300 crore.
  • 2 Targets: 1,200 exploration projects, production of 15 critical minerals by 2030-31, 50 overseas asset acquisitions.
  • 3 Midstream components (processing parks, stockpile, recycling incentive) are small relative to exploration/acquisition targets.
  • 4 Complements KABIL's overseas lithium acquisitions and the Rare Earth Permanent Magnet scheme.
  • 5 As of August 2026, no instrument under the Mission had produced commercial-scale domestic refining capacity.
The C-DAC-GSI Umbrella MoU signed 4 August 2026, applying AI and HPC to mineral exploration, is best understood as an upstream input into the National Critical Mineral Mission rather than a solution to India's reserve-to-refining dependency gap.
GS Paper 3
Economy, Environment, S&T, Security
← All Terms
A new key term every day Key Term of the Day at 1pm, plus daily current affairs and free PDFs
Join Channel
BharatNotes