India develops a new critical minerals policy to incentivize private companies in lithium processing and expand EV battery metal supplies.

India is developing a new critical minerals policy, aiming to incentivize private companies to establish lithium processing facilities, boosting its nascent lithium mining industry and EV battery metal supplies. The policy will cover exploration to refining, with India listing 30 minerals, including lithium, as "critical" for cleaner technology sectors. Potential incentives include subsidies and tax benefits.