Archive · 27 Jul 2025
NLC India Eyes Overseas Rare Earth Supply Amid China Export Curbs
NLC India, a government-owned company, is looking to get important minerals like lithium, copper, and cobalt from other countries because China has stopped exporting them.
These minerals are used to make things like electric cars and electronics.
They are talking to countries in Africa.
Before they invest, they'll make sure the countries are stable.
The company hopes to produce a lot of these minerals in the next five years.
NLC India Ltd. is seeking to source rare earth elements and critical minerals overseas.
The company is in early talks for lithium mines in Mali, West Africa, and copper/cobalt in the Republic of the Congo.
This is in response to China's export curbs on rare earth elements.
Socio-economic and political stability in the countries will be key before investments.
NLC India aims to produce 1 million metric tonnes of critical minerals in five years.
- Who
- NLC India Ltd.
- What
- NLC India Ltd. is exploring overseas acquisitions to secure access to rare earth elements and critical minerals.
- When
- Early-stage discussions are ongoing as of July 2024.
- Where
- Mali, West Africa, and the Republic of the Congo.
- Why
- In response to China's export restrictions on rare earth elements.
- Company
- NLC India Ltd.
- Focus
- Sourcing rare earth elements and critical minerals
- Locations of Interest
- Mali, Republic of the Congo
- Minerals
- Lithium, Copper, Cobalt, Rare Earth Elements
- Goal
- Produce 1 million metric tonnes of critical minerals in 5 years
