💨 Abstract

Indian state firms, led by Khanij Bidesh India Ltd (KABIL), are in negotiations with Chilean miner SQM to acquire a 20% stake in SQM's two lithium projects in Australia for $600 million. This is India's biggest attempt to secure lithium supplies overseas, critical for reducing carbon emissions and increasing electric vehicle production.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖