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NLC eyes overseas rare earth sources
Mint Mumbai
|July 28, 2025
State-owned NLC India Ltd is exploring possibilities to source rare earth elements from overseas and the company has also begun preliminary talks for lithium blocks in Mali, West Africa and for copper and cobalt mines in the Republic of the Congo, its chairman and managing director (CMD) Prasanna Kumar Motupalli said.
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The remarks came amid China's recent curbs on exports of rare earth elements, impacting the global supply chain of the critical mineral.
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