India to establish strategic mineral reserve to safeguard EV and clean energy industries
- India plans to establish a strategic reserve of critical minerals to mitigate supply disruptions for electric vehicles.
- Mines Secretary V L Kantha Rao said the stockpiling policy is expected to be finalised within the next month.
- The proposed reserve aims to secure access to essential minerals for industries vulnerable to global supply shocks.
- Critical minerals, including lithium and rare earths, are vital for electric vehicles, batteries, and clean energy.
Source: firstpost.com
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