{"id":19784,"date":"2026-02-12T14:55:51","date_gmt":"2026-02-12T14:55:51","guid":{"rendered":"https:\/\/qiraatafrican.com\/en\/?p=19784"},"modified":"2026-02-12T14:55:51","modified_gmt":"2026-02-12T14:55:51","slug":"india-pulls-out-of-russian-backed-mali-lithium-project-over-security-risks-sources-say","status":"publish","type":"post","link":"https:\/\/qiraatafrican.com\/en\/19784\/india-pulls-out-of-russian-backed-mali-lithium-project-over-security-risks-sources-say\/","title":{"rendered":"India pulls out of Russian-backed Mali lithium project over security risks, sources say"},"content":{"rendered":"<div class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF\" data-testid=\"paragraph-0\">Security risks are prompting India to pull out of a lithium project in Mali backed by Russia&#8217;s state nuclear corporation, Rosatom, sources said, as New Delhi seeks to safeguard its investments in the politically unstable West African nation.<\/div>\n<div class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF\" data-testid=\"paragraph-1\">Western nations, from Britain and France to the United States, have urged citizens to leave the landlocked nation as security concerns rise in its battle with al Qaeda-linked militants targeting economic assets and foreign investment.<\/div>\n<div class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF\" data-testid=\"paragraph-2\">Last year Rosatom approached India&#8217;s government-backed Khanij Bidesh India Ltd (KABIL) and NLC India Ltd for\u00a0lithium exploration in Mali, an emerging producer of the metal critical in making batteries for electric vehicles.<\/div>\n<div class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF\" data-testid=\"paragraph-3\">&#8220;The project is on hold because we cannot be spending on something where there is a chance we will lose our investment,&#8221; one of the sources said.<\/div>\n<div class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF\" data-testid=\"paragraph-4\">Both sources, who were directly involved in the decision-making, sought anonymity because the discussions were confidential.<\/div>\n<div class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF\" data-testid=\"paragraph-5\">India&#8217;s mining ministry, KABIL, and NLC India did not respond to Reuters&#8217; requests for comment. Rosatom declined to comment.<\/div>\n<div class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF\" data-testid=\"paragraph-6\">Russia has been cultivating ties with a string of African countries through efforts including military cooperation and has strengthened relations with Mali and Burkina Faso.<\/div>\n<div class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF\" data-testid=\"paragraph-7\">The world&#8217;s fastest-growing major economy, India has sought a steady supply of lithium in anticipation of rising demand for the metal, key to cutting carbon emissions from the world&#8217;s third-largest emitter.<\/div>\n<div class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF\" data-testid=\"paragraph-8\">New Delhi is targeting 30% electric car penetration and 80% for two-wheelers by 2030, up from 4% and 6% now.<\/div>\n<div class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF\" data-testid=\"paragraph-9\">India has recently stepped up efforts for deals to access critical minerals in resource-rich countries such as Argentina, Australia, and Chile.<\/div>\n<div class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF\" data-testid=\"paragraph-10\">In 2024, KABIL signed an exploration and development pact with a state-owned firm in Argentina to explore and mine five lithium blocks but has not signed any similar deals since.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Security risks are prompting India to pull out of a lithium project in Mali backed by Russia&#8217;s state nuclear corporation, Rosatom, sources said, as New Delhi seeks to safeguard its investments in the politically unstable West African nation. Western nations, from Britain and France to the United States, have urged citizens to leave the landlocked [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":19785,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":4,"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_comment_section":"1","number_popup_post":"1","show_post_related":"1","show_inline_post_related":"1"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","source_name":"Reuters","subtitle":""},"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[2362,3028,27],"tags":[4854,4853,4777,187,4852],"class_list":["post-19784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-mining","category-west-africa","tag-kabil","tag-khanij-bidesh-india-ltd","tag-lithium","tag-mali","tag-rosatom"],"_links":{"self":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/19784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/comments?post=19784"}],"version-history":[{"count":1,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/19784\/revisions"}],"predecessor-version":[{"id":19786,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/19784\/revisions\/19786"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/media\/19785"}],"wp:attachment":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/media?parent=19784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/categories?post=19784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/tags?post=19784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}