Tue, Jan 16, 2024
KABIL, a joint venture of NALCO, Hindustan Copper and Mineral Exploration, will explore and develop five lithium brine blocks as part of the Rs 200-crore project, according to a statement by NALCO.
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Thu, Jul 13, 2023
For lithium, the Cabinet approved a royalty rate of 3 percent based on the London Metal Exchange price chargeable on the “contained lithium metal” since the newly-discovered resources would require proper technology and quantum investment to profitably extract lithium from its ore.
Fri, Feb 10, 2023
India's Mines Ministry announced that 5.9 million tonnes of lithium reserves have been found for the first time in the country in Jammu and Kashmir. The government has found lithium along with five blocks pertain to Gold. The demand for lithium is going to increase rapidly in future as it is used in the making of EV batteries. Lithium is used in cars, phones and other rechargeable batteries. The question is, will this lithium reserve bring a new revolution in the country? Watch this special report on India 360.
Wed, Jul 20, 2022
With the higher cost, the first deployments will be limited to premium models until technology breakthroughs and production maturity enable volume production for battery electric vehicles in the 2030s timeframe.
Mon, Aug 07, 2017
Producers of processed lithium - an essential element for batteries used in electric cars - are agreeing long-term contracts with their customers to fund the investments needed to address a looming shortfall.
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