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11 Feb
14:32

Barrel Energy, Roshan plan battery factories in India, North America

Nevada-based Barrel Energy is looking into developing lithium battery manufacturing capabilities in India and North America with Indian company Roshan Energy Technologies, Kallanish reports. The parties signed a memorandum of understanding to establish a partnership focusing on the production of lithium batteries. Under the deal, Barrel would become a majority stakeholder in Roshan gaining access to the “massive” Indian market, Barrel says in a note. …
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