Suryaa Business Desk: Mining exploration company Deccan Gold Mines Limited (DGML) has announced the identification of significant critical mineral deposits at its project in Chhattisgarh. According to the company's recent exploration and technical studies, preliminary estimates indicate a potential for over 4 million tonnes of high-quality critical minerals in the project area.
Company sources stated that these mineral deposits are essential for clean energy technologies, electric vehicle (EV) batteries, modern electronics, and the defense sector. The company noted that these findings could provide relief to domestic supply systems, as the country currently relies heavily on imports for these minerals.
DGML has accelerated the process of obtaining regulatory approvals to expedite the next phase of drilling and mining plans in the identified areas. The company management stated that they are working to bring the project to a commercial scale using environmentally friendly and advanced mining methods. Market analysts suggest that this project will contribute to India's goal of achieving self-sufficiency in strategic minerals, while also supporting regional economic growth and local employment.