India Eyes Russian Siberian Rare Earth Deposits to Counter China Dominance

India is intensifying its strategic efforts to diversify critical mineral supply chains by entering discussions to source rare earth samples from Russia’s massive Tomtor deposit. This move signals New Delhi's commitment to reducing its heavy reliance on China for materials essential to future-ready technologies.

Strategic Engagement with Russia’s Tomtor Deposit

State-owned miner IREL (India's Rare Earths Limited), which operates under the Department of Atomic Energy, is reportedly in talks with the Russian oil major Rosneft regarding the Tomtor deposit in Siberia. The Tomtor site, located in Yakutia, is recognized as one of the world’s largest undeveloped rare earth deposits.

The proposed engagement is being conducted through official government channels to maintain confidentiality. According to reports, the initial phase involves sourcing mineral samples that will be processed in Russia before being shipped to India. The primary objective is to conduct a rigorous study of the mineral composition of the Tomtor deposit to determine the feasibility of deeper, long-term commercial engagement.

Building a Resilient Domestic Magnet Ecosystem

The push for Siberian minerals comes at a critical time as India seeks to build a self-reliant ecosystem for high-tech manufacturing. Rare earth elements are indispensable components in the production of electric vehicle (EV) motors, advanced defence systems, and clean energy technologies.

While India holds the world’s third-largest rare earth reserves—estimated at approximately 7.23 million metric tons—the country currently lacks the large-scale refining capacity required for high-purity separation. To bridge this gap, the Indian government has approved a ₹73 billion ($770.77 million) programme specifically aimed at boosting domestic rare earth magnet production, with a target operational timeline of 2029–30.

A Multi-Pronged Global Sourcing Strategy

India is not relying solely on Russia to secure its mineral future. IREL is pursuing a sophisticated, multi-country diversification strategy to mitigate geopolitical risks. This includes:

جنوبی امریکہ سے لے کر جنوب مشرقی ایشیا اور آرکٹک تک، مختلف جغرافیائی علاقوں میں اپنے مفادات کو پھیلا کر، بھارت کا مقصد اپنے تیزی سے بڑھتے ہوئے گرین انرجی اور دفاعی شعبوں کو جغرافیائی سیاسی تناؤ یا واحد ذرائع پر انحصار کے باعث پیدا ہونے والے سپلائی چین کے جھٹکوں سے محفوظ رکھنا ہے۔

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