- Write by:
-
Friday, August 2, 2019 - 2:44:39 PM
-
679 Visit
-
Print
Mining News Pro - Three Indian state-run companies are to form a joint venture to buy mining assets overseas that have minerals such as lithium and cobalt, which are used in the manufacture of batteries for electric vehicles.
The National Aluminium Co Ltd will hold a 40% stake in the joint venture called Khanij Bidesh India Ltd, with Hindustan Copper Ltd and Mineral Exploration Corp Ltd controlling 30% each, India’s mines ministry said in a statement on Thursday.
“Among such twelve minerals identified as strategic minerals, which have meagre resource base, lithium and cobalt are significant,” the statement said.
The new joint venture “will help in building partnerships with other mineral rich countries like Australia and those in Africa and South America,” the mines ministry said.
Short Link:
https://www.miningnews.ir/En/News/406163
Chile’s state copper company Codelco defended its proposed lithium production tie-up with SQM in response to criticism ...
Chile’s state-run miner Codelco plans to select a partner for a future lithium project in one of the country’s top salt ...
Chile’s SQM called another investors meeting at the request of its second-largest shareholder, Tianqi Lithium Corp., ...
Lithium supplier Vulcan Energy on Wednesday announced the start of production of the first lithium chloride at its ...
A stuttering recovery in lithium prices is providing a fresh reminder of why the dramatic rally of recent years was ...
A US and European Union push to reach an accord on fostering critical mineral supply chains is set to miss another ...
Trading of CME Group Inc.’s nearly three-year-old lithium hydroxide futures contract is soaring, with more funds ...
Chile’s mining production is starting to turn the corner after months of a sustained output slump, with the country’s ...
Undeterred by slumping profits, China’s lithium giants are planning to grab a bigger slice of the market.
No comments have been posted yet ...