India looking to BUY Lithium and Cooper AssetsIndia with 1.2 billion people is seeking to lock in its lithium demands by buying lithium and copper assets.
Countries around the world are going to acquire lithium and copper assets before MAJOR SUPPLY CRUNCH arrives. India Looks to Buy Lithium and Copper Assets in Top Producer Chile
By Tsvetana Paraskova - Mar 28, 2024, 7:00 AM CDTTo boost its energy transition efforts, India is betting on acquiring lithium and copper assets overseas and is sending a delegation to search for such resources in Chile, a top producer of both critical minerals, Reuters reported on Thursday, citing a source at the Indian government. “We are interested in buying assets. We are trying to facilitate private and government-owned companies to acquire assets in other countries as well,” the anonymous source told Reuters.
Chile is the world’s biggest copper producer and the second-largest producer of lithium, and India is now keen to explore procuring resources from assets in Chile.
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