India directs Coal India, NMDC, and OVL to search for critical mineral assets overseas for electric vehicles and renewable energy industries.

India's government has directed public sector companies Coal India, NMDC, and ONGC Videsh Ltd (OVL) to actively search for critical mineral assets overseas. The companies already have a presence abroad and will focus on valuable resources like lithium. This move aims to expand industries such as electric vehicles and renewable energy, where China has a significant lead.

May 15, 2024
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