India has halted a lithium exploration project in Mali backed by Russia's Rosatom due to escalating security threats, sources confirmed. The project, led by state miner NLC India Ltd and government-backed KABIL, faced risks from al Qaeda-linked militants targeting foreign investments in the West African nation. Security advisories from Western governments, including the U.S. and France, urged citizens to evacuate Mali amid instability, complicating India's strategy to secure critical minerals for its EV ambitions.

The decision reflects India's cautious approach to geopolitical risks in resource-rich but volatile regions. While New Delhi aims for 30% electric vehicle adoption by 2030, it is diversifying partnerships, recently signing a lithium deal with Argentina. The stalled Mali project underscores challenges in balancing energy security with regional instability. Rosatom, KABIL, and NLC India did not respond to requests for comment, leaving details of potential compensation or alternative plans unclear.

India's pivot to safer lithium sources aligns with its broader goal of reducing reliance on volatile supply chains. With Mali's lithium reserves unexploited and Argentina's project still in early stages, the move highlights the complexities of securing minerals essential for decarbonization. Analysts warn that delays could impact India's 2030 EV targets, emphasizing the need for stable, long-term partnerships in critical mineral acquisition.