Archive · 29 Dec 2025
Anil Agarwal Advocates Sweating Existing Assets for Mineral Production
Anil Agarwal, the chairman of Vedanta Group, said that to make more minerals quickly, India should use the mining places it already has.
He thinks this is the fastest way to make the country self-reliant.
New mining projects take a long time, so using existing ones is better.
The government also passed a new law to make mining better and safer.
This law helps sell old mining waste and dig deeper for minerals.
The goal is to make India less dependent on other countries for minerals like copper and gold.
Anil Agarwal advocates for utilizing existing mineral assets to boost production quickly.
New mining projects take 5 to 10 years to start producing, making existing assets more valuable.
India imports 99.9% of its gold and 95% of its copper, indicating a huge potential for domestic production.
The government passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2025, to promote sustainable mining and reduce waste.
The new legislation empowers the government to facilitate mineral trading through exchanges and allows the sale of mineral dumps to address environmental hazards.
- Who
- Anil Agarwal, Vedanta Group Chairman
- What
- Advocacy for utilizing existing mineral assets to boost production
- When
- December 29, 2025
- Where
- India
- Why
- To increase mineral production in the short term and reduce import dependence
- Speaker
- Anil Agarwal, Vedanta Group Chairman
- Key Quote
- Sweat existing assets. New projects take 5 to 10 years to produce.
- Minerals Mentioned
- Copper and Gold
- Import Dependence
- 99.9% of gold and 95% of copper
- Legislation
- Mines and Minerals (Development and Regulation) Amendment Bill, 2025
- Government Commitment
- Transparency and modern technology in mining
- Potential Impact
- Electric vehicles, batteries, and advanced manufacturing