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Nalco
NALCO Invests In Lithium Exploration & Mining Projects In Argentina
Odisha-based public sector giant the National Aluminium Company (NALCO) is one of the largest integrated Bauxite-Alumina-Aluminium-Power Complex in Asia. This 44-year old Navratna is getting into Lithium exploration and mining, the much sought after minerals globally. It is learnt that NALCO is making lead investment in Lithium exploration covering five Lithium blocks in Argentina supporting India’s ‘Atmanirbhar’ strategy. NALCO’s CMD Sridhar Patra was in Argentina recently to finalise the investment plans. NALCO’s move to get into lithium exploration, popularly known as white gold, comes at the back of India’s whopping lithium import bill of Rs 23,171 crore for FY 2023. NALCO in its exchange filing said that these five lithium blocks in Argentina will cover an area of 15,703 hectare will entail an investment of Rs 200 crore. The Indian government-owned Khanij Bidesh India Limited (KABIL) has signed an Exploration and Development Agreement with CAMYEN, a state-owned enterprise of Catamarca province of Argentina, for exploration & mining of five Lithium blocks in Argentina.. Sources say, India’s entry into Argentina is the first strategic move. The larger strategy is to get into the Lithium Triangle through tie-ups, acquisitions, partnerships and long term leasing of lithium reserves spread across Argentina, Chile and Bolivia.
Atmanirbhar_Pawan Anand
Taking Atmanirbhar A Step Further In India’s Defence Industry
The USI Atma Nirbhar Bharat Initiative (USI-ANBI) has given new meaning has been given to the work of the United Service Institution (USI) of India in furtherance of its avowed objective of “furtherance of knowledge in the art, science and literature in the interest of national security”. Such initiatives bring defence industry players in contact with the Services departments dealing with procurement and indigenisation. In July 2022, for example, it had a panel discussion (PD) with Aditya Birla Securities Ltd on the impact of the geopolitical situation on global and India’s financial markets, followed by one with Microsoft on cybersecurity, where the apex cybersecurity officials were brought in. Start-ups are allowed to register and asked to join when there is a round table discussion (RTD), seminar or closed-door meeting on the issue relevant to them. USI of India is a strategic think tank with a wealth of retired officials from Services, IAS, IPS and IFS, explains Major General Dr Pawan Anand, AVSM (Retd), Distinguished Fellow and Head of USI-ANBI. “It is a great brand!” he says. “We are now planning on foreign industry offerings too at our RTDs.” Obviously, India’s role on the global stage continues to grow in its presidency of the G-20 which it took over in December last year.

TRENDS & VIEWS

Editor’s Note: Short Post Noticed By People Who Matter

Four years have zipped by and we are crossing another milestone on 31st January 2025 – it’s our 4th Anniversary. It feels good.
Looking back at the 1460 days, I must say Short Post has made its mark with people who matter via 4000 stories published in the areas of politics, business, entertainment and sports. All made possible by the unflinching commitment and dedication of our senior editors, most of whom have been part of this journey from Day One.
Small pack, big impact is in essence the story of Short Post which was launched at the height of the Covid-19 pandemic in 2021. It shows our conviction. In all humility, I can say, we have created a new niche in the news segment space like Hindustan Unilever which created a new segment, when it launched CloseUp Gel.
Yes, we have created a brand (in a limited sense), created demand (readers) and created supply (senior journalists). But we are facing teething problems like all start-ups. What makes us happy and confident is the recognition of our efforts. For instance, we have an arrangement with the OPEN Magazine, part of the $4.5 billion Kolkata-based Sanjiv Goenka-RPG Group. This arrangement sees around 10 Short Post stories posted on OPEN Magazine website every week. This arrangement is testimony that our content has been well received! Also, I may add that the Maharashtra government has recognised Short Post and has allowed our senior editor to cover the Assembly sessions. Ditto: Odisha.
Our goal is to ensure that Short Post becomes a habit. I would like people to keep checking their smartphones to know the latest Authentic Gossip. As regards AI and the fear of it disrupting all businesses including media. On that, personally, I have no such fear as I am confident AI cannot smell news particularly Authentic Gossip. That’s the place we are well entrenched.