Massive Oyu Tolgoi copper-gold project may be major silver producer-Friedland

Wealth fund will focus on mining companies in emerging markets in Africa, Asia and Latin America.

The funding illustrates India's efforts to reduce its reliance on imports of minerals such as lithium.

SeAH will purchase all material produced at Almonty's Sangdong molybdenum project in Korea, which is targeting production by the end of 2026.

India is the world's largest centre for cutting and polishing diamonds, accounting for nine out of 10 diamonds polished globally.