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India is moving rapidly towards a clean energy future. Electric vehicles, solar panels, wind turbines, and energy storage systems are becoming the new norm. But there’s a catch — all these technologies depend on critical minerals such as lithium, cobalt, nickel, rare earth elements, and graphite.
Currently, India imports the majority of these minerals. This heavy dependency exposes the country to global market shocks, price fluctuations, and supply disruptions. To ensure mineral security and support the energy transition, India needs home-grown solutions.
In FY25, India intensified its Critical Minerals Strategy with auctions, global MoUs, and private sector partnerships, with Vedanta emerging as one of the Top Critical Mineral Companies in India and an emerging global leader (Vedanta Integrated Report 2025; Ministry of Mines 2025 Auctions).
One company stepping up to lead this change is Vedanta — long recognised as one of the Best Natural Resources Companies in India. Now, it’s taking strong strides towards becoming one of the Leading Global Critical Mineral Companies and has already bagged 10 critical mineral blocks across India.
Critical minerals are essential for modern technologies and low-carbon infrastructure. They are not just economic assets, but strategic resources.
Mineral |
Key Applications |
Estimated Global Demand (2025) |
Lithium |
Electric vehicle batteries, storage systems |
1.5 million tonnes |
Cobalt |
Rechargeable batteries, defence, aerospace |
210,000 tonnes |
Nickel |
Battery cathodes, stainless steel |
3.1 million tonnes |
Rare Earth Elements |
Wind turbines, electronics, defence systems |
320,000 tonnes |
Graphite |
Battery anodes, lubricants |
4.5 million tonnes |
India has committed to installing 500 GW of non-fossil fuel capacity by 2030, further increasing the demand for these minerals.
Vedanta, long recognised among the Best Natural Resources Companies in India, is now aggressively building its critical mineral portfolio.
Vedanta is already known for its leadership in base metals like aluminium, zinc, and copper. But as global focus shifts towards decarbonisation, Vedanta is reshaping its business to include critical minerals. The company’s strategy is aligned with national goals such as Atmanirbhar Bharat and the Critical Minerals Strategy 2023.
Vedanta aims to be among the Top Critical Mineral Companies in India and a key player on the global stage. Its approach combines international partnerships, domestic exploration, technology-led mining, and value-added processing.
To build a secure supply chain, Vedanta is forming alliances in mineral-rich regions:
These efforts reduce India’s import dependency and give Vedanta a competitive edge as it works towards becoming one of the Leading Global Critical Mineral Companies.
Vedanta is not only looking abroad. It is also investing heavily in India to develop domestic mineral capacity:
Vedanta’s India-first exploration aligns with the Atmanirbhar Bharat and Critical Minerals Strategy 2023 frameworks.
This dual approach of global sourcing and local development makes Vedanta stand out among the Top Critical Mineral Companies in India.
Vedanta is modernising its mining processes using advanced technologies that support sustainable development.
Technology |
Purpose |
AI-based Geoscanning |
High-accuracy mineral mapping |
Drone Surveys |
Safer, faster exploration in difficult areas |
Waterless Processing |
Reduced water use and environmental impact |
These innovations reflect Vedanta’s commitment to ESG principles and help it maintain its position as one of the Best Natural Resources Companies in India.
Vedanta is also expanding its presence across the entire electric mobility and battery value chain:
India’s electric vehicle market is expected to reach ₹3 lakh crore by 2030, making Vedanta’s investments both timely and impactful.
Vedanta’s efforts are well aligned with India’s policy framework. The government’s Critical Minerals Strategy focuses on securing minerals necessary for clean energy and manufacturing. Vedanta has already secured five domestic mineral exploration licences and is bidding for more.
By creating a robust mineral-to-market supply chain, Vedanta is helping India achieve its clean energy goals while also reducing foreign dependence.
Here’s a snapshot of where Vedanta stands today:
Metric |
Status (2025) |
Total Investment in Critical Minerals |
₹12,000 crore (~$1.4 billion) |
Lithium Refinery in Gujarat |
60% construction complete |
Global Joint Ventures |
4 signed (Australia, Chile, Africa) |
Indian Exploration Licences |
10 blocks across various states |
Focus Minerals |
Lithium, cobalt, nickel, REEs, graphite |
This progress positions Vedanta well among the Top Critical Mineral Companies in India and puts it on track to compete globally.
Vedanta’s expansion into critical minerals aligns it with several global industry leaders. For example, Lynas Rare Earths of Australia is well known for rare earth processing, a domain Vedanta is entering through its exploration projects in Rajasthan.
In the United States, MP Materials focuses on REE mining and magnet production, similar to Vedanta’s Africa-based rare earth ventures.
China’s Tianqi Lithium dominates lithium refining, while Vedanta is developing a comparable strategy through its operations in Chile and its lithium refinery in Gujarat. Among the Leading Global Critical Mineral Companies, Vedanta is emerging with a multi-mineral focus and an ESG-driven model.
Vedanta recognises the complex challenges that come with critical mineral development and is addressing them strategically. The lack of refining technology is being managed through partnerships with global technology leaders, enabling modern and efficient processing.
Environmental and tribal sensitivities are being mitigated through enhanced CSR efforts and long-term community engagement. To reduce risks from global supply disruptions, Vedanta is diversifying its mineral sourcing and signing long-term agreements.
Vedanta is addressing challenges head-on:
Regulatory uncertainty is tackled through strong compliance teams and active government liaison. Such efforts are positioning Vedanta among the Leading Global Critical Mineral Companies, ready to drive India’s sustainable energy future.
As the world moves towards low-carbon economies, critical minerals have become essential to national security, industrial growth, and energy independence. Vedanta is not just responding to this global shift — it is actively leading it.
With its FY25 critical minerals blueprint fully underway, Vedanta is transforming from a diversified mining major into one of India’s most strategic energy transition enablers.
With significant investments, strategic foresight, and sustainable practices, Vedanta is transforming itself from a traditional mining company into one of the Leading Global Critical Mineral Companies. It is also strengthening its position among the Best Natural Resources Companies in India by aligning with the future of clean energy, electric mobility, and circular mineral economies.
In powering India’s green transition, Vedanta is setting the pace — and building a legacy that goes far beyond extraction.
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