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- KABIL (Khanij Bidesh India Limited) is a joint venture company.
- It is formed by National Aluminium Company Limited, Hindustan Copper Limited, and Mineral Exploration and Consultancy Limited.
- Its objective is to explore, acquire, develop, mine, process, purchase, and sell minerals abroad.
- It ensures a smooth supply for the Indian domestic industry.
- KABIL is currently exploring opportunities to acquire critical mineral assets like lithium and cobalt.
- It is working on projects in Argentina, Australia, and Chile.
- In Argentina, KABIL has signed a contract with a state-owned company.
- It has acquired exclusive rights to explore and develop lithium blocks in Catamarca Province, Argentina.
- It is undertaking activities to obtain the necessary approvals and start exploration.
- In Australia, KABIL has signed an MoU with the Critical Mineral Office (CMO).
- This will facilitate investment in lithium and cobalt mining assets in Australia.
- It will ensure a sustainable supply of lithium and cobalt.
- It will help in making long-term investment decisions.
- In Chile, KABIL has signed an NDA for exploring brine-type lithium blocks.
- It has partnered with the state-owned company ENAMI in Chile.
- It is continuously exploring opportunities in other countries for long-term investments.
- CIL has expressed interest in exploring and extracting lithium-rich brine in Chile.
- It has signed non-disclosure agreements with companies in various countries.
- The Mineral Security Partnership (MSP) aims to develop diverse and sustainable critical energy mineral supply chains.
- MSP facilitates financial and diplomatic support for strategic projects.
- MSP partners include 15 countries and the European Union.
- MSP strives to elevate environmental, social, and governance (ESG) standards in the global mineral sector.
- It only supports projects that meet high ESG standards.
- It promotes local value addition and community development.
- MSP projects adhere to strict ESG standards throughout their lifecycle.
