December 23, 2024

India’s Deep Dive for Battery Metals

1 min read
India... </div> </div> </div> <div class="read-img pos-rel"> <div class="post-thumbnail full-width-image"> <img width="976" height="549" src="https://iwavestrategies.com/wp-content/uploads/2024/03/132970151_gettyimages-1453601454.jpg.webp" class="attachment-newsphere-featured size-newsphere-featured wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://iwavestrategies.com/wp-content/uploads/2024/03/132970151_gettyimages-1453601454.jpg.webp 976w, https://iwavestrategies.com/wp-content/uploads/2024/03/132970151_gettyimages-1453601454.jpg-300x169.webp 300w, https://iwavestrategies.com/wp-content/uploads/2024/03/132970151_gettyimages-1453601454.jpg-768x432.webp 768w" sizes="(max-width: 976px) 100vw, 976px" /> </div> <span class="min-read-post-format"> </span> </div> </header><!-- .entry-header --> <!-- end slider-section --> <div class="color-pad"> <div class="entry-content read-details color-tp-pad no-color-pad"> <p><!DOCTYPE html> <html lang="en"> <head> <meta charset="UTF-8"> <meta http-equiv="X-UA-Compatible" content="IE=edge"> <meta name="viewport" content="width=device-width, initial-scale=1.0"> <title>India in Undersea Race to Mine World’s Battery Metal

India in Undersea Race to Mine World’s Battery Metal

India is rapidly emerging as a key player in the global race to mine battery metals from the ocean floor. With an increasing demand for batteries in electric vehicles and renewable energy storage solutions, the country is looking to secure a stable supply of critical minerals such as cobalt, nickel, and manganese.

Several Indian companies have set their sights on deep-sea mining projects in international waters, where vast reserves of these valuable metals are believed to lie. These ventures have the potential to boost India’s economy and reduce its dependence on imports.

However, deep-sea mining is not without its challenges and controversies. Environmentalists warn of the potential impact on fragile marine ecosystems, while some countries claim exclusive rights to mine the resources in their territorial waters.

Despite these obstacles, India is moving ahead with its plans to tap into the rich mineral deposits beneath the ocean floor. The country’s participation in the undersea race for battery metals could help shape the future of global energy and technology.

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