Vedanta Commissions India's First Portable Rig for Gold & Critical Mineral Exploration
• Built for inaccessible and tough terrains, it is the first high-speed hydrostatic portable rig in India that can carry out high-speed drilling up to 1,000 metres
• Vedanta holds the largest number of critical mineral blocks; poised to back India's bid to cut import dependence as global demand is expected to triple by 2030
Vedanta Limited, a leading global producer of metals,
critical minerals and technology, that powers the industries of today and is incubating
the industries of tomorrow, has reinforced its commitment to technology-led
innovation by commissioning India's first-ever high-tech, high-speed hydrostatic
portable rig equipped with advanced safety features. The rigs have been deployed at two of
Vedanta's flagship exploration projects in Chhattisgarh dedicated to
gold and exploration of critical minerals such as nickel, chromium and platinum
group elements.
Critical
mineral exploration demands exceptional technical expertise and deep-shaft
mining capabilities, a high-barrier domain where Vedanta stands out among a
select few national and global players. As the energy transition
accelerates, Vedanta is uniquely positioned to bridge the critical mineral
deficit by leveraging its integrated smelting infrastructure and advanced
geological tech to unlock complex blocks.
Purpose-built for inaccessible and tough
terrains, this rig can carry out high-speed drilling up to 1,000 metres compared
to the typical 300–400 metre range, without losing precious time in
inter-location movement — a first for exploration capability in the country. The
deployment marks a significant leap in Vedanta's exploration infrastructure,
enabling faster, safer, minimally intrusive and more efficient access to
India's largely untapped mineral reserves.
Vedanta
has placed itself at the forefront of India's critical minerals push, being
the only company to have secured 10 critical
mineral blocks across gold, manganese, copper,
nickel-chromium-PGE (Platinum Group of Elements) tungsten, graphite, vanadium,
rare earth elements and potash, with exploration already underway across
five blocks. Recently, Vedanta has also been declared the Successful
Bidder for the Punnam Manganese Block in Andhra Pradesh.
India's
Untapped Mineral Potential
The
government estimates suggest close to 80% of India's mineral resources remain
unexplored. Gold is vital for
medical applications, high-reliability electronics and other strategic
industries, while critical minerals such as copper and nickel underpin AI
infrastructure and data centres, renewable energy, electric mobility, defence,
semiconductors and advanced manufacturing. India's
task is to move beyond extraction alone and build capability across
exploration, mining, processing, refining, recycling and manufacturing. The
opportunity is simple: India's resource advantage will be won not by what lies
beneath the ground, but by how much value it builds above it.
According
to the International Energy Agency, global critical mineral demand for
clean energy technologies is projected to nearly triple by 2030 under
its Net Zero Emissions Scenario, and quadruple by 2040, reaching close
to 40 million tonnes annually. This has accelerated efforts by countries to
diversify critical mineral supply chains away from dependence on any single country
or source, positioning India as a natural partner in the shift. India holds
substantial reserves of rare earth elements and critical minerals, giving it
strong potential to become a key player in global supply chains though the
country remains largely import-dependent despite this geological potential.
Vedanta
2.0 – Transformation through Technology
Vedanta
2.0 represents the group's vision to build a
technology-driven, future-facing conglomerate centred on sustainable growth.
While strengthening its core businesses, the group is simultaneously expanding
into critical minerals as part of the clean-energy value chain, having secured
several new mineral blocks and stepped-up exploration activity.
Vedanta
Group holds a differentiated position as one of the few Indian companies with mineral
assets spread across India, South Africa, Namibia, Liberia and Zambia,
giving it access to diverse, high-potential reserves. The company plans to
expand into new geographies with stable regulatory environments, deepen
value-added processing within India, and build mining partnerships aligned with
global environmental, social and governance standards.