India’s Lohum Builds Global Critical-Minerals Supply Chain
· 50-word read
In 50 words
Indian companies have completed or announced nearly $24 billion in overseas acquisitions during 2026, putting outbound dealmaking on course for a record, JPMorgan said. Firms are targeting critical minerals, energy, technology and established markets to secure supply chains, reflecting stronger balance sheets, global ambitions and access to capital for acquisition financing worldwide.
Why it matters
Nickel, lithium and rare-earth magnets are essential for electric vehicles, batteries and clean-energy technologies. Lohum’s strategy could introduce an Indian-controlled supply chain alongside the globally dominant Chinese ecosystem.
What's next
Lohum will raise equity and debt, evaluate nickel acquisitions, develop its Zimbabwe lithium assets and expand battery-material and rare-earth-magnet production in India.
Key dates
- Gujarat recycling operations reach 1,000 tonnes of annual nickel output
- Zimbabwe lithium rights secured
- September 22: international expansion plans reported
- Within 18 months: 10,000-tonne nickel target pursued.
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Sources
- reuters.comView original →
