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The Indian government has approved a plan to boost domestic lithium and nickel processing worth 28.14 billion rupees ($297 million), Reuters reports. The initiative aims to reduce the country's dependence on a supply chain controlled by China. The program will support the development of an infrastructure for the production of high-purity compounds needed for the production of electric vehicles, battery systems, electronics, special steel and security products.

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The Indian government has approved a plan to boost domestic lithium and nickel processing worth 28.14 billion rupees ($297 million), Reuters reports. The initiative aims to reduce the country's dependence on a supply chain controlled by China. The program will support the development of an infrastructure for the production of high-purity compounds needed for the production of electric vehicles, battery systems, electronics, special steel and security products.

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