In a strategic move aimed at ensuring India’s self-sufficiency in crucial minerals, which are vital for defence, aerospace, and battery storage industries, the government is considering imposing an export ban on four key metals — lithium (Li), beryllium (Be), niobium (Nb), and tantalum (Ta).
“The government is planning to introduce a ban on the export of these minerals because of their importance in powering sectors critical to national security and technological advancements,” a senior official said.
The move in discussion follows the government’s decision to conclude the auction process for 5.9 million tonnes (mt) of lithium reserves discovered in the