India signs 15 critical minerals pacts since Jan 2025, trails only US globally
Synopsis
Key Takeaways
India has signed 15 critical minerals-related agreements since January 2025, placing it among the world's most active nations in the race to secure resources vital for the global energy transition, according to a new report by Climate Action Live. The figure puts India ahead of major economies including China, Canada, Saudi Arabia, and the European Union, each of which signed 11 such agreements over the same period.
Only the United States, which concluded 41 critical minerals partnerships, outpaced India during this timeframe, the report noted.
Why Critical Minerals Matter for India
India's agreements reflect a growing recognition that its clean energy ambitions are contingent on securing reliable access to resources that are either unavailable or domestically insufficient. These include lithium, cobalt, nickel, graphite, copper, and rare earth elements — all essential inputs for electric vehicles, batteries, wind turbines, electricity grids, and semiconductors.
This comes amid intensifying global competition for critical mineral supply chains, with the United States, European Union, and China all accelerating their own resource-securing strategies ahead of the energy transition deadline many governments have set for mid-century.
The National Critical Mineral Mission
India's National Critical Mineral Mission, approved in January 2025, aims to strengthen the full minerals value chain — from exploration and mining through to processing, recycling, and recovery. The programme runs from FY25 through FY31 and envisages government expenditure of ₹16,300 crore, while also seeking to catalyse ₹18,000 crore in investment from public sector undertakings.
The mission encompasses 1,200 domestic exploration projects led by the Geological Survey of India, along with plans to secure 26 foreign mining assets through public sector undertakings and a further 24 through the private sector.
Key International Partnerships
Among the notable bilateral arrangements, state-owned Khanij Bidesh India Ltd (KABIL) has signed a deal with Argentina's CAMYEN to explore and develop five lithium brine blocks covering 15,703 hectares in the province of Catamarca. India has also entered into an arrangement with Australia to jointly invest in lithium and cobalt assets, according to the report.
Cooperation has further expanded with Germany and Norway, covering critical minerals supply chain diversification, research, processing, and recycling — aimed at building India's capacity to process minerals into higher-value products and establish a more robust domestic industrial ecosystem.
What Comes Next
With FY31 as the mission's horizon, India's focus will now turn to translating partnership agreements into operational mining and processing assets. Industry analysts note that moving from signed agreements to functioning supply chains has historically been the harder challenge — a gap India's policymakers will need to close to realise the full value of this diplomatic momentum.