Indian Mines Director VL Kantha Rao said on Thursday that Indian mining companies are exploring the potential investments in Zambia, Australia and the Democratic Republic of the Congo (DRC).
India especially wants to import lithium by developing its own mines, and refines the lithium it brings.
“The Australian government is working with Kabil,” Rao said. I said At a press conference on Thursday.
Kabil is Khanji Bidesh India Limiteda joint venture between three Indian government companies established to ensure a stable supply of important minerals for the Indian industry.
Rao said “other countries like the Democratic Republic of the Congo, Tanzania, and other countries” may grant “exploration and mining” rights to Indian companies starving for copper, nickel, cobalt and rare earths in addition to lithium.
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“The Zambian government has recently agreed to give India a 9,000 square km of greenfield area to carry out cobalt and copper exploration,” Rao said. “It takes us two to three years to do this exploration and we hope we can still get mining rights after the exploration.”
“This is a government-to-government arrangement, and work starts in a month. The team is ready and will soon head to Africa,” he said. I said.
Zambia is currently the seventh largest copper producer in the world. Copper exports provide about 70% of Zambia's national income.
Another Indian Mining Minister G. Kishan Reddy said that geological investigations revealed lithium blocks that may be worth developing in Chhattisgarh and Jammu and Kashmir regions.
“This clarity of the exploration will take place by the end of April and May, then auctioned,” Reddy said.
Jammu and Kashmir can make 6 million tonnes of lithium to nearly six million tonnes. Try it Auctions of mining rights have not been bided.
1 problem This means that mineral analysts are questioning the purity of lithium deposits. The other is that lithium is mixed with clay. This makes lithium difficult and expensive to mine. The third is that Jammu and Kashmir are violently unstable and a constant skirmish between Indian security forces and Muslim extremists. Some of these extremist groups have explicitly threatened to escalate terrorist violence if Indian companies attempt to extract lithium.
November 2023, India Fake The “strategic partnership” with Bolivia developed lithium sediments in the country. January 2024, Kabil signature A $24 million lithium exploration agreement with a state-owned Argentine company. India is also in discussion With lithium dust.
