World NewsNewsSeptember 23, 2026
India’s Lohum Builds Global Critical-Minerals Supply Chain
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.
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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.
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.
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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1. reuters.comView Original
