Coal India Approves Chile Unit to Pursue Lithium, Copper Assets Amid India’s Critical Minerals Push

Coal India Ltd. has approved its Chilean subsidiary to pursue strategic lithium and copper assets in Chile as part of India’s broader push to secure critical minerals essential for the energy transition and advanced technologies. The board’s decision empowers the unit to evaluate and potentially acquire or develop upstream mineral interests that could supply lithium — a key component in electric vehicle batteries — and copper, widely used in electrification and infrastructure.

The move aligns with New Delhi’s growing focus on reducing dependence on imports for critical minerals and strengthening domestic supply chains. With global demand for battery metals surging, securing upstream sources abroad has become a priority for Indian public and private sector companies.

Coal India’s Chilean arm will now engage in due diligence, regulatory clearances, and negotiations with potential partners or asset holders in the South American nation. Analysts say successful acquisitions or joint ventures in lithium and copper could position Coal India as a significant player beyond its traditional coal mining portfolio, diversifying its business while supporting India’s strategic objectives in energy and technology sectors.

The development underscores a widening trend among Indian corporates to venture into international critical minerals exploration and processing, aimed at ensuring long-term resource security in an increasingly competitive global market.