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India is on a mission to become the world's leading and most sustainable producer of critical minerals, according to Priya Agarwal Hebbar, chair of Vedanta group company Hindustan Zinc. Critical minerals including cobalt, copper, lithium, nickel, and rare earths are vital for the manufacturing of renewable energy technology like electric vehicles (EVs) and wind turbines.
Critical minerals are particularly in demand for the production of batteries for electric cars. Speaking at Bank of America Securities Global Metals, Mining and Steel Conference 2024 in Miami recently, Hebbar mentioned that the mining and metals sector will play a crucial role in helping the world meet the net-zero goals.
"We take our role as champions of India's natural resources very seriously and we are well positioned to capitalize on this economic growth," Hebbar, who is also Vedanta Director, was quoted as saying in a statement. The mining and metals sector holds the key to unlock the future.
The transition to net-zero goals globally will be mineral intensive and meeting this demand will be not easy, she said. Hindustan Zinc had earlier announced its plans to make foray into strategic mineral exploration with the formation of subsidiary Hindmetal Exploration Services Pvt Ltd.
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