Coal India, NMDC assessing lithium mines overseas: Report
The Indian mines ministry is also encouraging other state-owned companies, such as ONGC Videsh, to scout for critical minerals overseas.
State-run miners Coal India and NMDC are assessing the lithium mines in Australia and Chile to get critical minerals, Secretary of Mines V.L. Kantha Rao, Reuters reported.
The Indian mines ministry is also encouraging other state-owned companies, such as ONGC Videsh, to scout for critical minerals overseas, Rao informed reporters at the sidelines of an industry conference in New Delhi.
India will additionally take a delegation to Zambia in June, with executives from the Tata Group and Vedanta, he added. The two governments will discuss the joint exploration of critical minerals such as lithium.
A separate delegation will head to Congo, Rao said. India is analysing whether an existing trade pact with Chile can be expanded to include critical minerals for
government access, Rao said, as well as studying trade routes with Mongolia to explore copper and coal assets there.
RELATED ARTICLES
Omega Seiki Mobility Raises ₹50 Crore in Strategic Funding Round
The electric commercial vehicle manufacturer plans to expand manufacturing capacity, strengthen research and development...
Toyota Signs Binding Agreement to Join Cellcentric Fuel Cell JV
The automaker will acquire a one-third stake alongside Volvo Group and Daimler Truck, targeting completion of the transa...
Royal Enfield Expands Flying Flea Retail Network in Bengaluru
The two-wheeler maker is adding ten new touchpoints and a hub-and-spoke service ecosystem to support the C6 model, price...


15 May 2024
3914 Views
