NMDC explores lithium reserves in Australia for mining

20 Apr 2023 CW Team

According to corporate authorities, Indian iron ore miner NMDC Ltd is exploring lithium reserves 124.3 miles (nearly 200 kilometres) off the coast of Perth, Australia.

“We are in the process of exploring (lithium) in Australia…,” D K Mohanty, director production NMDC told reporters on the sidelines of an industry conference in Mumbai.

According to a second NMDC executive who is not licenced to speak to the media, the business is the majority owner of a mine in Mt Bevan, Australia, and wants to begin mining within two years.

As part of its attempts to push for greener automobiles, India has been looking into ways to secure supply of lithium, a crucial raw material required to create electric vehicle batteries, from some of the world's top suppliers by acquiring abroad mines.

India discovered lithium deposits for the first time in the country in February and plans to auction off a mining block.

Products

13 May 2026

Kerakoll Launches -Garv Se Growth- for Contractors

Kerakoll India has launched ‘Garv Se Growth’, a campaign aimed at recognising, rewarding and supporting India’s contractor and mason community engaged in tile and stone laying work.The initiative brings together a series of loyalty-led programmes focused on professional growth, recognition and welfare support for contractors and craftsmen associated with the brand.According to the company, the campaign is built around two themes — pride in craftsmanship and long-term growth opportunities for the workforce engaged in the tile and stone industry.As part of the initiative, Kerakoll has in..

Allu Cinemas Installs 727 kW Solar System with Freyr

Allu Cinemas, Kokapet, has partnered with Freyr Energy to commission a 727 kW rooftop solar power system at its cinema facility in Hyderabad with an investment of Rs 22.76 million.The installation is expected to meet nearly 60 per cent of the cinema’s energy requirements, making it one of the largest solar deployments for a cinema complex in the region.According to the companies, the project is expected to reduce annual electricity expenses from around Rs 5.2 million to nearly Rs 0.5 million, generating estimated yearly savings of Rs 7.7–8 million.The solar installation is also projected t..

Kaizen AI Discusses Real Estate AI Adoption Across Projects

Real estate developers, architects and technology firms discussed the growing implementation of artificial intelligence across active projects in India, Dubai and the United States during a media interaction held in Mumbai this week.The discussion focused on how AI-driven systems are increasingly being used in live real estate projects to evaluate planning, parking, efficiency, cost and constructability at a scale beyond conventional workflows.Kaizen AI, which has worked on more than 200 projects globally, showcased how AI-led optimisation systems are being integrated into developments across ..