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 the Ministry of Mines, Government of India, to examine the reserves of Lithium, Cobalt etc. in the country, as well as a possible tie-up with the mining sector of other countries for sourcing these. KABIL, a joint venture of Mineral Exploration Corporation Limited (MECL), National Aluminium Company Limited (NALCO) and HCL has initiated preliminary discussions for possible agreement on sourcing Lithium and Cobalt from countries like Australia, Argentina and Bolivia. After a visit to different mines in Argentina in February 2019, for a primary survey by the KABIL team, follow-up activities are now underway to boost the availability of these critical minerals.