MiniMines Cleantech Solutions announced a ₹350-crore investment to set up a giga critical minerals refining complex in Bengaluru, Karnataka. The project marks a significant step toward strengthening India’s domestic supply chain for clean energy and advanced manufacturing sectors.
First Phase to Refine Key Minerals
In its first phase, the complex will refine 15,000 MTPA of essential minerals, including:
*Lithium
*Nickel
*Cobalt
*Copper
*Graphite
*Rare earth elements
These materials are critical for sectors such as electric vehicles (EVs), renewable energy, aerospace, defence, and electronics. By refining these minerals locally, India aims to reduce import dependence and boost self-reliance in strategic raw materials.
Driving Economic and Employment Impact
The complex is expected to generate approximately ₹1,300 crore in annual turnover. The investment aligns with India’s broader vision of developing a robust critical minerals ecosystem to support the country’s clean energy transition and advanced manufacturing ambitions.
Leadership Highlights Strategic Importance
Anupam Kumar, Co-Founder and CEO of MiniMines, stated, “This MoU marks a major step in India’s journey toward self-reliance in critical minerals. By establishing this refining complex, we are laying the foundation for a sustainable and resilient supply chain for India’s clean energy and high-tech industries.”
Strengthening India’s Strategic Supply Chain
The Bengaluru complex will not only enhance domestic refining capacity but also position India as a global player in critical minerals processing. As reported by projectstoday.com, by leveraging advanced technology and strategic investments, MiniMines aims to support India’s clean energy goals while driving economic growth and technological advancement.
