Company aiming for 30,000 tons of lithium carbonate refining capacity, CEO says
Rajat Verma, founder and CEO of critical minerals company Lohum, says setting up lithium processing capacity in Zimbabwe was critical for his business as it works to reduce India's reliance on China. (Nikkei montage/Source photos by Lohum)
ANANTA AGARWAL
October 15, 2026 11:56 JST
BENGALURU -- Critical minerals company Lohum, which last month became India's first business to begin overseas lithium mining operations, plans to target the domestic electric vehicle market by setting up 30,000 metric tons of annual domestic lithium carbonate refining capacity, founder and CEO Rajat Verma told Nikkei Asia.