Overview
- GSI’s G2-level surveys are under way in Purulia and Karbi Anglong to generate auction-ready resource estimates within a year.
- The deposits are expected to contain a basket of 14 to 17 rare earth elements, creating technical extraction and processing challenges.
- GSI has confirmed significant vanadium resources in the lower Himalayan belt that could support energy storage and alloy applications.
- Almost half of India’s early-stage exploration projects now focus on rare earth elements to strengthen supply for EVs, electronics and renewables.
- The government is also advancing 20 lithium exploration projects across multiple states to cut import dependence on critical minerals.