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flag NALCO is expanding into Argentina and Australia to secure lithium and critical minerals, supporting India’s goal of reducing import dependence.

flag NALCO, India’s state-run aluminum company, is expanding overseas to secure lithium and critical minerals amid rising demand and limited domestic reserves. flag Through its joint venture KABIL, it is advancing exploration in three lithium blocks in Argentina, following promising non-invasive tests, and has begun invasive drilling and pilot testing expected to conclude by late 2027 with commercial viability assessments. flag The company is also evaluating equity stakes in operating lithium mines in Australia. flag This effort supports India’s National Critical Minerals Mission to reduce import dependence. flag NALCO is also exploring rare earth minerals and magnesium domestically through auctions and joint ventures, aligning with India’s broader push for self-reliance in electric vehicles, renewable energy, and electronics manufacturing.

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