Two world giants are vying to control this vital resource, US teams up with India to explore critical minerals in third countries New Delhi and Washington are seeking to reduce their dependence on China, which dominates the lithium supply chain. China currently controls nearly 70% of the global lithium supply, and larger shares of cobalt, graphite, and manganese – other minerals vital for green technology. India recently discovered lithium reserves in Jharkhand, Rajasthan, and Jammu and Kashmir, but does not yet produce lithium domestically, relying entirely on imports. Demand for the mineral is soaring in India as it seeks to expand its electric vehicle market, which is projected to grow from $3.21 billion in 2022 to $113.99 billion by 2029. In September, New Delhi unveiled a $1.3 billion PM E-DRIVE scheme to incentivize the adoption of electric cars and two-wheelers. #CriticalMinerals #USIndiaPartnership #LithiumSupply #ElectricVehicles #GreenTechnology #MineralExploration #SustainableEnergy #ChinaDominance #EVMarketGrowth #PMEDRIVE #CleanEnergyTransition #ResourceSecurity #GlobalSupplyChain #BatteryTechnology #CobaltSupply #GraphiteMining #ManganeseResources #IndiaLithiumReserves #TradeAgreements #MineralsSecurityPartnership #AfricaMinerals #SouthAmericaResources #TechForGreenEnergy #ElectricMobility #InvestmentInInnovation #ClimateGoals #FutureOfEnergy
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The government of India announced the discovery of 5.9 million tonnes (mt) of inferred lithium ore in the Salal-Haimna areas of Reasi district, Jammu & Kashmir, in February 2023. The discovery of lithium reserves in India could help the country become a leading green industrial power. In addition, it could change the outlook for lithium availability in the medium and long term, which may help to avoid getting caught in EV supply chain tensions between the US and China. Read more on the country's role in the global EV supply chain and the potential regional conflicts: https://bit.ly/3wdpXEX
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NEWS ABOUT THE LAUNCH OF A MEGA PLANT FOR THE PRODUCTION OF COPPER CATHODE IN INDIA IN MARCH 2024 - WILL CHANGE THE SITUATION ON THE COPPER CONCENTRATE MARKET! THE MARKET IS WAITING FOR DEFECTIVENESS AND STRONG COMPETITION FOR RAW MATERIALS. News from India , which will significantly affect the global copper concentrate market . The conglomerate of Indian billionaire Gautam Adani has signed contracts for the purchase of 1.6 million tons of copper concentrate per year for the world's largest metallurgical plant for the production of copper cathodes. According to Vinay Prakash, chief executive officer of Adani Natural Resourc es, the first 500,000 tons of capacity at the $1.2 billion Mundra plant in the western state of Gujarat is due to start work next month. By March 2029, this volume will be increased to 1 million tons to meet the projected doubling of copper demand in India by the end of the decade, he said in an interview. The launch of a mega plant in India in March 2024 will increase the shortage of copper concentrate on the market, given the big problems of copper concentrate producers in Chile, Peru, Mexico and Africa. Chinese companies have started a real fight for copper concentrate from Russia. Contact for buyers of copper concentrate : info@sllrs.com https://lnkd.in/dMU_Vjqd
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NEWS ABOUT THE LAUNCH OF A MEGA PLANT FOR THE PRODUCTION OF COPPER CATHODE IN INDIA IN MARCH 2024 - WILL CHANGE THE SITUATION ON THE COPPER CONCENTRATE MARKET! THE MARKET IS WAITING FOR DEFECTIVENESS AND STRONG COMPETITION FOR RAW MATERIALS. News from India , which will significantly affect the global copper concentrate market . The conglomerate of Indian billionaire Gautam Adani has signed contracts for the purchase of 1.6 million tons of copper concentrate per year for the world's largest metallurgical plant for the production of copper cathodes. According to Vinay Prakash, chief executive officer of Adani Natural Resourc es, the first 500,000 tons of capacity at the $1.2 billion Mundra plant in the western state of Gujarat is due to start work next month. By March 2029, this volume will be increased to 1 million tons to meet the projected doubling of copper demand in India by the end of the decade, he said in an interview. The launch of a mega plant in India in March 2024 will increase the shortage of copper concentrate on the market, given the big problems of copper concentrate producers in Chile, Peru, Mexico and Africa. Chinese companies have started a real fight for copper concentrate from Russia. Contact for buyers of copper concentrate : info@sllrs.com https://lnkd.in/dMU_Vjqd
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NEWS ABOUT THE LAUNCH OF A MEGA PLANT FOR THE PRODUCTION OF COPPER CATHODE IN INDIA IN MARCH 2024 - WILL CHANGE THE SITUATION ON THE COPPER CONCENTRATE MARKET! THE MARKET IS WAITING FOR DEFECTIVENESS AND STRONG COMPETITION FOR RAW MATERIALS. News from India , which will significantly affect the global copper concentrate market . The conglomerate of Indian billionaire Gautam Adani has signed contracts for the purchase of 1.6 million tons of copper concentrate per year for the world's largest metallurgical plant for the production of copper cathodes. According to Vinay Prakash, chief executive officer of Adani Natural Resourc es, the first 500,000 tons of capacity at the $1.2 billion Mundra plant in the western state of Gujarat is due to start work next month. By March 2029, this volume will be increased to 1 million tons to meet the projected doubling of copper demand in India by the end of the decade, he said in an interview. The launch of a mega plant in India in March 2024 will increase the shortage of copper concentrate on the market, given the big problems of copper concentrate producers in Chile, Peru, Mexico and Africa. Chinese companies have started a real fight for copper concentrate from Russia. Contact for buyers of copper concentrate : info@sllrs.com https://lnkd.in/dMU_Vjqd
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NEWS ABOUT THE LAUNCH OF A MEGA PLANT FOR THE PRODUCTION OF COPPER CATHODE IN INDIA IN MARCH 2024 - WILL CHANGE THE SITUATION ON THE COPPER CONCENTRATE MARKET! THE MARKET IS WAITING FOR DEFECTIVENESS AND STRONG COMPETITION FOR RAW MATERIALS. News from India , which will significantly affect the global copper concentrate market . The conglomerate of Indian billionaire Gautam Adani has signed contracts for the purchase of 1.6 million tons of copper concentrate per year for the world's largest metallurgical plant for the production of copper cathodes. According to Vinay Prakash, chief executive officer of Adani Natural Resourc es, the first 500,000 tons of capacity at the $1.2 billion Mundra plant in the western state of Gujarat is due to start work next month. By March 2029, this volume will be increased to 1 million tons to meet the projected doubling of copper demand in India by the end of the decade, he said in an interview. The launch of a mega plant in India in March 2024 will increase the shortage of copper concentrate on the market, given the big problems of copper concentrate producers in Chile, Peru, Mexico and Africa. Chinese companies have started a real fight for copper concentrate from Russia. Contact for buyers of copper concentrate : info@sllrs.com https://lnkd.in/dMU_Vjqd
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NEWS ABOUT THE LAUNCH OF A MEGA PLANT FOR THE PRODUCTION OF COPPER CATHODE IN INDIA IN MARCH 2024 - WILL CHANGE THE SITUATION ON THE COPPER CONCENTRATE MARKET! THE MARKET IS WAITING FOR DEFECTIVENESS AND STRONG COMPETITION FOR RAW MATERIALS. News from India , which will significantly affect the global copper concentrate market . The conglomerate of Indian billionaire Gautam Adani has signed contracts for the purchase of 1.6 million tons of copper concentrate per year for the world's largest metallurgical plant for the production of copper cathodes. According to Vinay Prakash, chief executive officer of Adani Natural Resourc es, the first 500,000 tons of capacity at the $1.2 billion Mundra plant in the western state of Gujarat is due to start work next month. By March 2029, this volume will be increased to 1 million tons to meet the projected doubling of copper demand in India by the end of the decade, he said in an interview. The launch of a mega plant in India in March 2024 will increase the shortage of copper concentrate on the market, given the big problems of copper concentrate producers in Chile, Peru, Mexico and Africa. Chinese companies have started a real fight for copper concentrate from Russia. Contact for buyers of copper concentrate : info@sllrs.com https://lnkd.in/dMU_Vjqd
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NEWS ABOUT THE LAUNCH OF A MEGA PLANT FOR THE PRODUCTION OF COPPER CATHODE IN INDIA IN MARCH 2024 - WILL CHANGE THE SITUATION ON THE COPPER CONCENTRATE MARKET! THE MARKET IS WAITING FOR DEFECTIVENESS AND STRONG COMPETITION FOR RAW MATERIALS. News from India , which will significantly affect the global copper concentrate market . The conglomerate of Indian billionaire Gautam Adani has signed contracts for the purchase of 1.6 million tons of copper concentrate per year for the world's largest metallurgical plant for the production of copper cathodes. According to Vinay Prakash, chief executive officer of Adani Natural Resourc es, the first 500,000 tons of capacity at the $1.2 billion Mundra plant in the western state of Gujarat is due to start work next month. By March 2029, this volume will be increased to 1 million tons to meet the projected doubling of copper demand in India by the end of the decade, he said in an interview. The launch of a mega plant in India in March 2024 will increase the shortage of copper concentrate on the market, given the big problems of copper concentrate producers in Chile, Peru, Mexico and Africa. Chinese companies have started a real fight for copper concentrate from Russia. Contact for buyers of copper concentrate : info@sllrs.com https://lnkd.in/dMU_Vjqd
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NEWS ABOUT THE LAUNCH OF A MEGA PLANT FOR THE PRODUCTION OF COPPER CATHODE IN INDIA IN MARCH 2024 - WILL CHANGE THE SITUATION ON THE COPPER CONCENTRATE MARKET! THE MARKET IS WAITING FOR DEFECTIVENESS AND STRONG COMPETITION FOR RAW MATERIALS. News from India , which will significantly affect the global copper concentrate market . The conglomerate of Indian billionaire Gautam Adani has signed contracts for the purchase of 1.6 million tons of copper concentrate per year for the world's largest metallurgical plant for the production of copper cathodes. According to Vinay Prakash, chief executive officer of Adani Natural Resourc es, the first 500,000 tons of capacity at the $1.2 billion Mundra plant in the western state of Gujarat is due to start work next month. By March 2029, this volume will be increased to 1 million tons to meet the projected doubling of copper demand in India by the end of the decade, he said in an interview. The launch of a mega plant in India in March 2024 will increase the shortage of copper concentrate on the market, given the big problems of copper concentrate producers in Chile, Peru, Mexico and Africa. Chinese companies have started a real fight for copper concentrate from Russia. Contact for buyers of copper concentrate : info@sllrs.com https://lnkd.in/dMU_Vjqd
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India is among the world's richest nations in mineral resources, home to 90 distinct minerals, with a significant role in the economy, contributing 2-2.5% of GDP. Yet, only 10% of potential mining areas have been explored, revealing untapped opportunities for growth. Key points: ⛏️ India's mining history dates back to the Indus Valley Civilization, evolving through modern economic reforms since 1991. ⛏️ Environmental challenges and outdated technology still hinder progress. ⛏️ Geographically, minerals are found across various regions, with Odisha, Chhattisgarh, and Karnataka leading production. ⛏️ Efforts towards green mining and sustainability are paving the way for responsible resource management. To harness this potential fully, India must adopt modern technology and sustainable practices, ensuring long-term growth and environmental protection. 🌱🏗️ Read the detailed analysis by Srividya Amanchi: https://lnkd.in/dNss8sCW #MiningIndia #EconomicGrowth #Sustainability #MineralResources #GreenMining
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