India scrambles to look overseas for rare earths used in EVs

State-owned companies aim at China-free supply as trade war concerns mount

20190529 rare earth

China is the world's largest supplier of key rare-earth metals used in many critical high-tech products. © Reuters

ROSEMARY MARANDI and KIRAN SHARMA, Nikkei staff writers

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.

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