India identifies two lithium and one copper mine in Argentina

India identifies two lithium and one copper mine in Argentina

Daily Current Affairs   /   India identifies two lithium and one copper mine in Argentina

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Category : International Published on: January 11 2023

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  • India has identified two lithium mines and one copper mine in Argentina for a possible acquisition or long-term lease.
  • In November 2022, a team of geologists was sent to Argentina to assess potential lithium deposits.
  • Khanij Bidesh India Ltd. (Kabil), a joint venture between the National Aluminium Company (Nalco), Hindustan Copper (HCL), and Mineral Exploration Corporation Ltd., will acquire or lease the mines in Argentina.
  • Argentina is home to large deposits of lithium, a valuable silvery-white alkali metal, in the Atacama region.
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