India to amend laws to allow private companies to mine lithium
2022-07-29 15:46:50 [Print]
India is seeking to amend its laws to allow private companies to mine lithium
According to data released by India's Ministry of Commerce and Industry, India's import amount of lithium-ion batteries went up by 54% YOY to $1.83 billion in the past year ended March 2022 and about 87% of the imports came from China.
. The Indian government hopes that lawmakers will approve changes to the existing policy at this session of parliament, according to people familiar with the matter . Eight minerals, including lithium, beryllium and zirconium, will be removed from a restricted list that currently prohibits mining by private companies.According to data released by India's Ministry of Commerce and Industry, India's import amount of lithium-ion batteries went up by 54% YOY to $1.83 billion in the past year ended March 2022 and about 87% of the imports came from China.