Archive · 29 Nov 2025
MiniMines to Invest ₹350 Crore in Karnataka
MiniMines Cleantech Solutions is going to spend ₹350 crore to build a big factory in Bengaluru, Karnataka.
This factory will take special materials like lithium and nickel from old things and make them clean and useful again.
These materials are important for making electric cars, solar panels, and other cool technologies.
The factory will help India make these things without needing to buy so much from other countries.
It will also create more than 1,500 jobs and make a lot of money every year.
The boss of MiniMines says this is a big step for India to become more self-reliant.
MiniMines Cleantech Solutions will invest ₹350 crore in Karnataka to set up a critical minerals refining complex in Bengaluru.
The facility will refine 15,000 mtpa of lithium, nickel, cobalt, copper, graphite, and rare earth elements in Phase 1.
The complex will support sectors like EVs, renewable energy, aerospace, defence, and electronics.
The project aims to create over 1,500 direct and indirect jobs and generate ₹1,300 crore in annual turnover.
MiniMines aims to reduce India's dependence on imported raw materials and build a domestic ecosystem for clean energy technologies.
- Who
- MiniMines Cleantech Solutions
- What
- Investment in a giga critical minerals refining complex
- When
- November 28, 2025
- Where
- Bengaluru, Karnataka
- Why
- To create a domestic supply chain for clean energy and advanced manufacturing sectors, reduce dependence on imported raw materials, and generate jobs
- Investment Amount
- ₹350 crore
- Location
- Bengaluru, Karnataka
- Phase 1 Capacity
- 15,000 mtpa of critical minerals
- Target Sectors
- EVs, renewable energy, aerospace, defence, electronics
- Job Creation
- Over 1,500 direct and indirect jobs
- Annual Turnover
- ₹1,300 crore
- Key Minerals
- Lithium, nickel, cobalt, copper, graphite, rare earth elements
- CEO Statement
- Aims to build a domestic ecosystem for clean energy technologies
