Union Mines Secretary addresses FIMI on operational concerns and lithium policy

Keshav Chandra, who serves as Union Mines Secretary, addressed the 60th Annual General Meeting of FIMI on September 22, 2026. Mr. Chandra expressed concern over the practice of miners holding acquired blocks without commencing timely operations, which he referred to as 'squatting.' He stated that the government shares this concern and that a policy regarding the processing of lithium and nickel is currently under development. Mr. Chandra also noted that India is keeping prospects open for lithium exploration in Mali.

The statements detail the operational challenges facing the mineral wealth of India, noting that delays compromise production. The discussions underscore the government's focus on establishing policy frameworks to manage resource extraction and operational timelines within the industry.