About 60 percent of fossil-fuel consumption in India is for road transport. Public buses and two- and three-wheel vehicles used for intracity personal/cargo transport constitute most of this consumption. To alleviate consumption, the government is incentivizing the transition to electric propulsion so 40 percent of two and three wheelers will be electric by 2030. This translates to production of around 200 million vehicles by 2030. However, while there is currently an extensive supply chain devoted to internal combustion (IC) engines, a local supply chain must be developed for widespread implementation of electrical drives, including motors, power controllers and batteries.
Beginning in 2006, the International Copper Association (ICA) worked with the Non-Ferrous Technology Development Centre (NFTDC) in Hyderabad to perfect a low-cost, vertical die-casting process for producing copper rotors for high-efficiency induction motors. Support was provided by ICA, UNDP Global Environment Fund and the Common Fund for Commodities.
Metal Tiger Plc (LON:MTR) is a London Stock Exchange AIM-listed investing company primarily focused on undervalued natural resource opportunities.In Botswana, Metal Tiger, through its JV with MOD and its interest in Kalahari Metals Limited, has a growing interest in the large and highly prospective Kalahari copper/silver belt.
