Critical Energy Transition Minerals (CETMs) are essential for clean energy technologies such as solar panels, electric vehicle batteries, and the grid, playing a crucial role in India’s clean energy transition. The resilience and sustainability of supply chains are key considerations in today’s global economy, especially as industries and governments strive to meet ambitious climate targets.
However, concentrated value chains and under-investment in CETM development have led to high price volatility and potential supply disruptions, posing significant manufacturing challenges for low-carbon technologies. Instances such as Indonesia’s unprocessed nickel ore export ban, China’s Covid-19 lockdown, and the Russia-Ukraine war have all adversely impacted the supply chains of specific critical minerals.
