News Industry

Critical Minerals: India’s African Offensive Takes Shape Amid Competition

Critical Minerals: India’s African Offensive Takes Shape Amid Competition
Wednesday, 02 July 2025 15:45

• India’s NMDC launches a strategic center in Dubai to boost mining acquisitions in Africa.
• A three-year copper and cobalt exploration campaign starts in Zambia, backed by India.
• Indian Prime Minister Narendra Modi’s diplomatic tour in Ghana and Namibia focuses on securing supply agreements for key minerals.

Africa holds an estimated 30% of the world’s critical mineral reserves, attracting growing interest from global powers aiming to secure resources vital for the energy transition. While the United States, Japan, and the European Union intensify their efforts, India is now emerging as a significant player on the continent.

On July 1, the Indian state-owned mining company NMDC inaugurated a “strategic center” in Dubai to support its international expansion. NMDC is actively evaluating opportunities to acquire mining assets in critical minerals across Africa, marking a major step in India’s push amid fierce global competition for access to these key resources.

In parallel, India has deployed a team of geologists to Zambia to begin a three-year exploration campaign focused on copper and cobalt. Reuters reports that this follows Lusaka’s granting of a prospecting permit covering 9,000 square kilometers. While investment details remain confidential, the success of this mission could open the door to mining projects led by Indian public or private entities.

Other African nations are also in India’s sights. Indian Prime Minister Narendra Modi is scheduled to embark on a diplomatic tour starting July 2, with visits to Ghana and Namibia—two countries rich in lithium, rare earth elements, and copper. Dammu Ravi, Secretary for Economic Relations at India’s Ministry of Foreign Affairs, indicated that negotiating supply agreements for these essential minerals will be a key priority during the visits.

This diplomatic drive aligns with India’s broader strategy to diversify its critical mineral sources, reducing its vulnerability to supply shocks. China’s recent restrictions on certain minerals, particularly rare earths, have accelerated New Delhi’s efforts. Launched in January 2025, the National Critical Minerals Mission (NCMM) underpins this approach, aiming to secure stable access to minerals from both domestic and foreign sources, with Africa playing a central role.

According to the International Energy Agency (IEA), Africa’s vast mineral reserves place the continent at the center of the global race for critical resources. While established actors such as the United States—with companies like KoBold Metals and Lifezone Metals—and Japan’s JOGMEC advance their initiatives, India is carving out its position as a rising competitor.

However, competition remains intense. The think tank CSEP’s report “India, Africa and Critical Minerals: Towards a Green Energy Partnership” highlights the importance for India to align with African priorities. This includes addressing local demands for mineral processing, investing in workforce skill development, and fostering regional industrial networks to ensure sustainable partnerships.

Aurel Sèdjro Houenou

 

On the same topic
Blencowe raises £3 million via share placement for Uganda graphite project Funds support Orom-Cross development amid delayed lender financing...
Funds expand equipment credit for off-grid solar mini-grids in Africa Platform targets $800 million solar equipment orders over four years...
Floating regasification unit planned at Nador West Med port Project aims to secure gas supply after pipeline halt Morocco plans to commission its...
Cameroon waived more than CFA9 billion in taxes on renewable energy equipment The incentives target solar power and potable water production...
Most Read
01

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
02

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
03

Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...

Malawi: New $100M Cement Plant Targets Forex Crisis but Faces Energy Reality
04

Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...

Nigeria Pursues Boeing, Cranfield Partnership to Establish Aircraft Maintenance Center
05

Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” ...

Benin Government Says Attempted Coup Against President Talon Has Been Foiled
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.