India eyes South America’s lithium reserves for battery manufacturing – by Uma Gupta (PV Magazine India – February 12, 2019)

PV Magazine India

As India plans to set up large lithium-ion battery plants, the Lithium Triangle countries in South America (comprising Chile, Argentina and Bolivia) have offered to meet India’s growing demand for lithium.

A delegation from Khanij Bidesh India Ltd (KABIL) recently visited the Lithium Triangle countries in South America (comprising Chile, Argentina and Bolivia) to explore opportunities in the mining of Lithium.

Significantly, as India looks to set up large lithium-ion battery plants, these countries have offered to meet India’s growing demand for lithium, reported The Financial Express.

KABIL is a consortium of three public sector companies including National Aluminum Company (NALCO), Hindustan Copper Ltd (HCL) and Mineral Exploration Corp Ltd (MECL). It has been formed by the Ministry of Mines, Government of India, to identify, explore, acquire, develop and process strategic minerals overseas.

As India aims to achieve an all-electric car fleet by 2030, it has started reaching out to the ‘Lithium Triangle’ in South America. Notably, Lithium mining will also be discussed during the 3-day India visit of Argentina’s President Mauricio Marci this month.

For the rest of this article: https://www.pv-magazine-india.com/2019/02/12/india-eyes-south-americas-lithium-reserves-for-battery-manufacturing/

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