India withdraws from Russian-backed lithium project in Mali over security concerns

India is pulling out of a Russian-backed lithium project in Mali due to security risks. New Delhi is now seeking safer mineral sources to meet its green goals.

Insights:
India ININ has announced it will pull out of a lithium exploration project in Mali MLML backed by the Russian RURU state-owned firm Rosatom , citing escalating security risks in the West African nation. The decision, confirmed on February 12, 2026, directly impacts New Delhi’s strategic efforts to secure the lithium supplies required for its domestic electric-vehicle battery production. This move matters as it alters supply-access plans for a strategic mineral amid rising instability in Mali and broader efforts by New Delhi to diversify critical-minerals sources.
A participant walks past an exhibition stand of Russia's State Atomic Energy Corporation Rosatom at the Russian Energy Week international forum in Moscow, Russia, October 15, 2025. REUTERS/Ramil Sitdikov/File Photo
A participant walks past an exhibition stand of Russia's State Atomic Energy Corporation Rosatom at the Russian Energy Week international forum in Moscow, Russia, October 15, 2025. REUTERS/Ramil Sitdikov/File Photo
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