ZeroDailyGet it on Google Play

India's State Miner Eyes Russian Lithium to Fuel EV Ambitions

Original headline: India's NMDC in talks with Russia's Rosatom over lithium investments, sources say — manufacturing.economictimes.indiatimes.com

More in Technology finance news

India's National Mineral Development Corporation, a state-run mining giant, is reportedly in discussions with Russia's state atomic energy corporation, Rosatom, regarding potential investments in lithium. This move signals a strategic push by India to secure critical raw materials essential for its burgeoning electric vehicle and battery manufacturing sectors, aiming to reduce reliance on foreign supplies.

The global race for lithium, a key component in rechargeable batteries, is intensifying as nations seek to build resilient supply chains. For India, partnering with a major player like Rosatom could provide a significant boost to its domestic EV production goals and energy security. The talks highlight how geopolitics and resource security are becoming central to the clean energy transition, with countries forming new alliances to lock down access to vital minerals.

Read the original at manufacturing.economictimes.indiatimes.com

Satirical commentary on real tech news, summarised with AI. Read the original source for the facts. How ZeroDaily works

Open in the appGet it on Google Play

More stories

Add ZeroDaily on Google