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MiniMines Cleantech Solutions has announced an investment of ₹350 crore to set up a giga-scale critical minerals refining complex in Bengaluru, Karnataka. In its first phase, the facility will refine 15,000 MTPA of essential minerals including lithium, nickel, cobalt, copper, graphite, and rare earth elements. This project is designed to strengthen India’s domestic supply chain for clean energy and advanced manufacturing sectors such as electric vehicles (EVs), renewable energy, aerospace, defence, and electronics.
Commenting on the development, Anupam Kumar, Co-Founder and CEO, said, “This MoU marks a significant step in India’s journey toward self-reliance in critical minerals.” The complex is projected to generate over 1,500 direct and indirect jobs and achieve an estimated annual turnover of ₹1,300 crore.
News by Rahul Yelligetti.
