Khanij Bidesh India Ltd. (KABIL) has been established as a joint venture with equity contributions from three Central Public Sector Enterprises: National Aluminium Company Ltd., Hindustan Copper Ltd., and Mineral Exploration and Consultancy Ltd. KABIL’s mission is to secure a reliable supply of strategic minerals for Indian industries by identifying, exploring, acquiring, developing, mining, processing, procuring, and selling these minerals abroad. KABIL is actively pursuing overseas assets in critical minerals such as lithium (Li) and cobalt (Co), and significant projects are underway in Argentina, Australia, and Chile. In Argentina, KABIL has secured exclusive exploration rights for lithium in Catamarca Province through a contract with a State-owned company. In Australia, KABIL has signed a Memorandum of Understanding (MoU) with the Critical Mineral Office (CMO) of the Department of Industry, Science and Resources (DISER) to conduct joint due diligence and make investments in lithium and cobalt mining assets. KABIL has also entered into a non-disclosure agreement (NDA) with Chile’s state-owned ENAMI to explore brine-type lithium blocks. Additionally, KABIL has submitted an expression of interest in response to the Government of Chile’s Request for Information (RFI) regarding lithium exploration, extraction, and processing projects. The company is exploring further investments in critical minerals globally. It has signed non-disclosure agreements with various international firms to evaluate potential projects. The Minerals Security Partnership (MSP), comprising countries such as Australia, Canada, India, and others, aims to advance sustainable critical energy minerals supply chains through financial and diplomatic support for strategic projects. MSP partners are committed to projects that adhere to rigorous environmental, social, and governance (ESG) standards, promote local value addition, and support global clean energy transitions, ensuring that all projects meet high ESG criteria throughout their lifecycle.
