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KABIL acquires five critical mineral blocks in Argentina
Image source: thehindu.com

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KABIL acquires five critical mineral blocks in Argentina

KABIL, a joint venture involving the Government of India, has acquired five critical mineral blocks in Argentina, marking a significant step in addressing India's reliance on imports for critical minerals. Currently, 93% of India's critical mineral needs are met through imports, exposing key industries to supply risks. This acquisition is crucial for ensuring a stable supply chain for essential minerals, which are vital for various industries including electronics and renewable energy.

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