Energy Security

Considering the national mission of Electric Mobility an expert Committee for exploration and procurement of critical minerals required for this sector has been set up in consultation with Ministry of Mining to examine the reserves of Lithium, Cobalt, etc. in the country as well as possible tie-up with mining sector of other countries for sourcing these.  KABIL, a joint venture of MECL, NALCO and HCL has initiated preliminary discussions for possible agreement on sourcing Lithium and Cobalt from countries like Australia, Argentina and Bolivia. Last month, KABIL team visited Argentina to conduct a primary survey of different mines in Argentina. Follow-up activities are underway to boost the availability of these critical minerals.