Coal India looks to Argentina for lithium brine assets, critical minerals

Coal India Ltd (CIL) has set its sights on Argentina as a destination in its strategic diversification into critical minerals, with a focus on lithium brine assets, an official said. Recognising the economic significance and strategic value of minerals like lithium (Li), nickel (Ni), cobalt (Co), and others, the Maharatna company has initiated steps to explore opportunities in key resource-rich nations such as Argentina, Australia and Chile. The selected consultant will undertake due diligence, an initial review process to assess the financial, strategic, and geological viability of the identified assets, he said.

January 12, 2025 

SOURCE: BUSINESS STANDARD

Coal India looks to Argentina for lithium brine assets, critical minerals