MUMBAI/NEW DELHI -- Three Indian state-run companies are forming a joint venture to secure minor metals such as lithium and cobalt that could fuel India's plan for mass adoption of electric vehicles by 2030.
National Aluminum, Hindustan Copper and Mineral Exploration Corp. plan on exploring mines in Argentina, Bolivia, Chile and other countries for metals used to produce EV batteries, besides building strategic reserves of tungsten, nickel and rare earths.
