India Expands Copper Mining Interests in Zambia to Secure Critical Minerals

India is intensifying its efforts to secure critical mineral resources by expanding its copper mining interests in Zambia. The Indian government has acquired a 9,000-square-kilometer block in Zambia’s Northwestern province for the exploration of copper and cobalt. The Geological Survey of India (GSI) will oversee the exploration activities, which are expected to span two to three years. Upon successful exploration, India aims to obtain mining rights to bolster its access to these essential minerals. ​The Indian Express+2GSpedia+2The Indian Express+2The Indian Express

This initiative is part of India’s broader strategy to secure critical minerals vital for various industries, including electric vehicle (EV) batteries and renewable energy technologies. The Ministry of Mines is also engaging with other African nations such as the Democratic Republic of the Congo, Tanzania, Mozambique, and Rwanda to acquire additional mineral assets. These countries are rich in minerals like copper, cobalt, graphite, and nickel, which are crucial for clean energy technologies and advanced electronics. ​GSpedia+2The Indian Express+2The Indian Express+2The Indian Express+1The Indian Express+1

In parallel, Vedanta Resources, an Indian mining firm, is seeking to raise approximately $1 billion in debt financing to develop its Konkola Copper Mines (KCM) in Zambia. The company aims to increase copper production at KCM to about 300,000 metric tons annually within the next five years. Vedanta regained control of KCM in 2024 after a legal battle with the Zambian government, which had previously seized the mines. ​Reuters+2Energy in Africa+2Reuters+2Reuters+1Energy in Africa+1

These developments underscore India’s commitment to securing essential mineral resources through international partnerships and investments, ensuring a steady supply for its growing industrial and technological needs.​GSpedia

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