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CIL Resumes Talks With Chile To Acquire Lithium Blocks
Business Standard
|May 06, 2025
Coal India Limited (CIL) has resumed talks with Chile to acquire lithium mines, aiming to supply the Indian automotive sector and other industries.
These discussions had previously been halted because the Chilean government required CIL to have prior experience in mineral mining, a condition that is being negotiated to be waived off.
Once this condition is lifted, CIL is expected to sign a memorandum of understanding (MoU) for a joint venture with Chilean companies that will mine lithium on its behalf, a senior official said.
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