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Lithium offers to India
August 30 , 2022
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- India has been approached by several African countries with offers to service part of their development loans by giving access to Indian companies in their mining operations and allowing exports of highly prized lithium and cobalt.
- India extends development assistance through concessional LoC under the Indian Development and Economic Assistance Scheme (IDEAS).
- Africa has rich deposits of oil, gas and lithium.
- Now it become the most sought-after mineral by countries building their electric mobility infrastructure using lithium-ion batteries.
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