Indian state-owned firm to sign lithium pact with Argentina -source


New Delhi (Reuters) – India’s KABIL, a state-owned joint venture formed to scout for minerals overseas, will “shortly” sign an agreement with Argentina to secure a few lithium blocks, a government source with direct knowledge of the matter told Reuters on Wednesday.

India, among the world’s top greenhouse gas emitters, has been pursuing overseas pacts to secure key minerals in resource-rich countries such as Australia, Argentina and Chile.

“Right now, we are concentrating on copper, cobalt and lithium among critical minerals and looking for collaborations with other countries,” the source said on condition of anonymity.

KABIL, short for Khanij Bidesh India Ltd, was formed in August 2019 to identify, acquire, develop and process strategic minerals overseas for use in India.

Share post:



For Kuwait’s new emir, Saudi ties are seen as key

Kuwait (Reuters) - Sheikh Meshal al-Ahmad al-Sabah was named...

Pope Francis deplores Israeli killings of civilians at Gaza church

Vatican City (Reuters) - Pope Francis on Sunday again...

Palestinians must find new path from Israeli rule after war, top official says

Ramallah (Reuters) - Immediately after Israel's war in Gaza...

Israel says it struck Hezbollah sites after attacks from Lebanon

Jerusalem/Beirut (Reuters) - Israel said on Sunday it had...