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Indian firm Deccan Gold Mines negotiates Afghan mineral projects amid challenges, aiming to diversify India’s critical mineral supply.
Deccan Gold Mines Ltd is negotiating with Afghan officials and entrepreneurs to develop Afghanistan’s untapped mineral resources, including lithium, rare earth elements, and gold, leveraging Soviet-era surveys that identified vast reserves.
The Indian company aims to diversify India’s critical mineral supply amid reliance on imports, particularly from China, as India seeks to boost domestic rare earth production to 6,000 tonnes annually by 2030.
Despite progress in India’s Andhra Pradesh, Kyrgyzstan, and Chhattisgarh projects, challenges persist in Afghanistan, including lack of banking access and unclear regulations.
Governance and human rights concerns are acknowledged, but the company remains cautiously optimistic.
La firma india Deccan Gold Mines negocia proyectos minerales afganos en medio de desafíos, con el objetivo de diversificar el suministro de minerales críticos de la India.