New Delhi, March 7 -- Critical mineral refining and processing company Lohum is looking to raise about $200 million from private equity funds, as it readies to launch an initial public offering (IPO) in early 2027, its founder and chief executive officer (CEO) Rajat Verma said.

"Growth will come from capacity expansion. We are looking to expand our capacity, not just in the minerals in which we are today, but also in some new mineral categories that we are adding. Also, some new value-added products that we're adding, so all those capacity expansion plans are very much in place. We are looking to grow the lithium and nickel business. We are looking to grow our platinum and palladium business and the cathode active material businesses sub...