Lohum seeks nickel mine deals in Indonesia and the Philippines
India’s critical minerals producer Lohum is seeking to buy nickel mines in Indonesia and the Philippines, aiming to increase production tenfold to meet rising demand for battery minerals, its founder and CEO said.
Lohum is looking to acquire nickel mines in Indonesia and the Philippines as the Indian critical minerals producer targets a tenfold increase in output to meet rising demand for battery minerals, its founder and chief executive said. India is seeking to sustain its rapid economic growth while cutting its dependence on imports for critical minerals such as nickel, copper and lithium, he said.