Indian battery materials
producer Altmin is in talks with the Australian government to
secure lithium supplies, the company s managing director said,
as part of its expansion plans to meet rising.
Indian battery materials producer Altmin is in discussions with the Australian government to secure lithium supplies as part of its expansion strategy to meet growing demand for the critical mineral. Altmin currently sources lithium carbonate from Brazil and Bolivia and aims to establish lithium refineries in Brazil and Australia. The company plans to set up a cathode active materials plant in India by 2025 and is raising funds for its expansion efforts.
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Altmin Private Ltd has signed a strategic agreement with YLB, the National Strategic Public Company for Bolivian Lithium Deposits, to develop a raw materials supply chain and produce cathode active materials for lithium-ion batteries.
Altmin, YLB to set up pilot project for manufacturing lithium-ion batteries in Bolivia thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.