State-run Coal India and some other companies are looking for critical minerals in Argentina. Last June Reuters reported that Coal India was exploring lithium blocks in Argentina along with a U.S. company to secure supplies of the battery material as part of India’s efforts under the U.S.-led Minerals Security Partnership (MSP). India’s state-owned firm Khanij Bidesh India Ltd (KABIL) had secured permission for “non-invasive” exploration in Argentina. Last January KABIL signed a $24 million lithium exploration pact for five blocks in Argentina.Prime Minister Narendra Modi’s government listed 30 minerals, including lithium, nickel, titanium, vanadium and tungsten, as critical to drive the adoption of clean energy.
September 18, 2024
SOURCE: THE PRINT
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Coal India eyeing Argentina, Chile for critical minerals, says official