Khanij Bidesh India Limited (KABIL), a joint venture under the Ministry of Mines, is expanding its international footprint by pursuing mineral assets in Zambia and Chile, announced Union Minister for Coal and Mines G Kishan Reddy.
Speaking at the 6th Critical Minerals Blocks Auction Launch, Reddy highlighted India’s commitment to securing critical minerals, noting the government’s USD 4 billion allocation for the National Critical Mineral Mission – four times larger than similar U.S. investments.
KABIL has already secured lithium blocks in Argentina and is actively pursuing partnerships with Japan, Peru, Australia, and the UAE. This expansion aligns with India’s strategy to meet the projected threefold increase in global demand for EV batteries and renewable energy by 2030.
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