Tag: minerals
India set to acquire five lithium blocks in Argentina spotted by KABIL
[ad_1] India is also strategising to establish KABIL’s offshore office in Catamarca city to coordinate with provincial regulatory authorities
The government plans to enter exploration and development agreements with the Argentine government for five lithium blocks identified by Khanij Bidesh India Ltd (KABIL) in Catamarca province.
The Centre will invest around Rs 200 crore over five years for the exploration and development of these mines, Business Standard has learned.
“Talks are in the final stages, and a proposal has been submitted to the Cabinet Committee on Economic Affairs for approval,” said government officials aware of the development. ... Read more