Answer & Explanation
Option: Both A & B
Explanation:
India inked a pact with an Argentine firm mid-last year to jointly prospect lithium in the South American country that has the third largest reserves of the silver-white alkali metal — a crucial building block of the lithium-ion rechargeable batteries that power electric vehicles (EVs), laptops and mobile phones. The new company, Khanij Bidesh India Ltd was incorporated in August, 2019 by three state-owned companies, NALCO, Hindustan Copper and Mineral Exploration Ltd, with a specific mandate to acquire strategic mineral assets such as lithium and cobalt abroad.
