India's critical mineral demand likely to rise up to 10-fold by 2047: Report

New Delhi, July 30 (IANS) India faces a four to ten-fold rise in demand for critical minerals by 2047 as it pursues 500 GW of non‑fossil fuel capacity by 2030 and expands electric mobility, a report said on Thursday.

The report from Grant Thornton Bharat said the rapid expansion of its electric mobility ecosystem is expected to sharply increase demand for minerals such as lithium, cobalt, nickel, graphite, copper and rare earth elements.