![India’s Quest For Rare Minerals](https://images.assettype.com/fortuneindia%2F2023-10%2F382e3ff1-f67d-462d-9027-73d67a63ffce%2FMinirals_2.jpg?w=300&q=95)
India’s Quest For Rare Minerals
Country takes steps to secure supplies of strategic lithium, cobalt, nickel, molybdenum, vanadium and light rare earth elements. But it promises to be a long and arduous journey.
Country takes steps to secure supplies of strategic lithium, cobalt, nickel, molybdenum, vanadium and light rare earth elements. But it promises to be a long and arduous journey.
Lithium-ion batteries used in hybrid and electric vehicles saw import prices rising to $1,791 million for 5,486 lakh units during April-November 2022 period.
The finding is in the G3 category of initial assessment, which means more research and studies are required to reach the final conclusion.