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Deccan Gold Mines Uncovers 4 Million Tonnes of Critical Minerals in Chhattisgarh
✍️ News18
🗓 03 Nov 2026, 02:02 PM
👁 13
Deccan Gold Mines has reported a discovery of approximately 4 million tonnes of critical minerals in Chhattisgarh, a find that could boost India's strategic mineral reserves.
Deccan Gold Mines, a mining firm listed on Indian exchanges, announced that its exploration team has identified a deposit containing roughly 4 million tonnes of minerals classified as critical for high‑technology and defence applications.
The deposit is located in the central Indian state of Chhattisgarh, an area already known for its rich mineral base. Preliminary assays indicate the presence of rare earth elements, lithium, and other metals essential for batteries, electronics and renewable‑energy equipment.
Industry analysts say the scale of the find could reduce India's dependence on imports of such minerals and may attract further investment in domestic processing facilities. The company plans to submit a detailed mining plan to the state government in the coming weeks.
The Ministry of Mines has previously highlighted the need to develop indigenous sources of critical minerals to support the country's manufacturing push under the 'Make in India' initiative. The discovery aligns with those policy goals, though environmental clearances and community consultations remain pending.
The deposit is located in the central Indian state of Chhattisgarh, an area already known for its rich mineral base. Preliminary assays indicate the presence of rare earth elements, lithium, and other metals essential for batteries, electronics and renewable‑energy equipment.
Industry analysts say the scale of the find could reduce India's dependence on imports of such minerals and may attract further investment in domestic processing facilities. The company plans to submit a detailed mining plan to the state government in the coming weeks.
The Ministry of Mines has previously highlighted the need to develop indigenous sources of critical minerals to support the country's manufacturing push under the 'Make in India' initiative. The discovery aligns with those policy goals, though environmental clearances and community consultations remain pending.