Metals / Mining

The metals and mining sector is experiencing a confluence of developments, from resource discoveries to strategic partnerships and capacity expansions. Deccan Gold Mines’ nickel-copper-PGE discovery in Chhattisgarh, alongside similar findings, signals potential for new domestic sources of these critical minerals, aligning with India’s push for self-sufficiency. Simultaneously, companies like Kirloskar Ferrous and Jindal Stainless are focused on expanding production and embracing sustainable practices, while L&T’s mega order from JSW Steel underscores the ongoing investment in steel capacity. These developments, coupled with the India-Netherlands strategic partnership focused on critical minerals and semiconductors, suggest a robust outlook for the sector, though supply chain disruptions and commodity price volatility remain key risks.