Indian Electric Vehicles (EV) dreams depend on the supply of lithium, cobalt, nickel and manganese to manufacture the EV batteries. These batteries are massive 500 kg pack consisting of hundreds of large lithium-ion cells. For India, the biggest worry is looking for mines for these metals, as it has set plans to replace a significant portion of its conventional combustion engine fleet by EVs in the next decade.
A high-level delegation of Khanij Bidesh India Ltd., (KABIL) set up by the government has made several trips looking for acquiring strategic mineral assets in “Lithium Triangle” in three countries in South America including Argentina, Bolivia and Chile. These three countries have taken very different approaches to exploit the Lithium which is also known as ‘White Gold’. Read More