26.8 C
State of Tripura
Friday, May 9, 2025

India slams Pakistan for not closing airspace during missile strike

India has accused Pakistan of using civilian...

Indian Air Defence destroys 8 Missiles, Downed F-16 Jet from Pakistan

India's air defence foiled a major aerial...

India Issues Strong Warning to Pakistan Amid Escalating Tensions

India Issues Strong Warning to Pakistan on...

Coal India to explore lithium blocks in Argentina in collab with US company: Report

Tripura Net
Tripura Net
www.tripuranet.com is a daily news, news article, feature, public opinion, articles, photographs, videos etc –all in digital format- based website meant to disseminate unbiased information as far possible as accurate.

Must Read

New Delhi: State-owned Coal India Ltd is exploring lithium blocks in Argentina in collaboration with a US company to secure supplies of this crucial battery material, reported Reuters.

These efforts are part of Indias participation in the US-led Minerals Security Partnership (MSP), which New Delhi joined last year to ensure a stable supply of minerals necessary for achieving zero-carbon objectives.

Coal India has come forward for the Kachi block in Argentina in which a US company and two other countries are interested to explore under the MSP, a source was quoted as saying by Reuters on conditions of anonymity.

India and the United States announced on Monday that they are co-investing in a lithium resource project in South America and a rare earths deposit in Africa to diversify critical minerals supply chains.

According to Reuters, India has been negotiating with several countries, including the US, to collaborate on lithium processing and reduce reliance on China.

Preliminary studies are currently being conducted, the source mentioned.

In February, during a visit to Argentina, US Secretary of State Antony Blinken stated that the US was exploring investment opportunities in critical minerals, particularly lithium.

As part of the minerals partnership that India joined last year, New Delhi was invited to participate in 20-25 critical minerals projects.

The Indian government has identified four of these projects, with two being in collaboration with the United States, the source told Reuters.

The second project involves the Kangankunde block in Malawi, which is being explored for rare earths by Indias state-owned IREL (India) Ltd, according to the source.

- Advertisement -
spot_img
spot_img
spot_img
spot_img
spot_img

Latest News

Tripura’s rich tribute to Tagore on his 164th birth anniversary

Tripura celebrated the 164th birth anniversary of Rabindranath Tagore with vibrant events in Agartala, Kalyanpur, and Lembucherra. Cultural programs,...