Salestorrs
Salestorrs
February 5, 2025 at 11:34 AM
*_Salestorrs_*, the Indian mineral supply is set for a boost. The Union Ministry approved the ₹16,300 crore National Critical Minerals Mission. The mission was announced in the July 2024 budget. The expected investment by PSUs in the project is ₹18,000 crore. In August 2019, the National Aluminium Company Limited - NALCO, Mineral Exploration And Consultancy Limited (MECL), and Hindustan Copper Limited (HCL) set up a joint venture called Khanij Bidesh India Limited (KABIL) to acquire mineral sources abroad. It took four years to identify 30 strategic minerals that India needs. The National Critical Minerals Mission (NCMM) outlines the policy framework for securing long-term sustainable supply till 2030-31. How will NCMM impact the Indian mineral industry? Find out in today's *SalestorrsNews150* _News in 150 words._ https://www.salestors.com/news/%E2%82%B916%2C300-crore-national-critical-minerals-mission-approved
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