KABIL
India's Overseas Critical Mineral Vehicle
Khanij Bidesh India Limited (KABIL) was incorporated on 8 August 2019 under the Companies Act, 2013, as a joint venture of three central public sector enterprises under the Ministry of Mines: National Aluminium Company Ltd. (NALCO, 40%), Hindustan Copper Ltd. (HCL, 30%), and Mineral Exploration and Consultancy Ltd. (MECL, 30%). Its mandate is to identify, explore, acquire, and develop strategic mineral assets — chiefly lithium and cobalt — outside India for supply to domestic industry.
- Incorporated: 8 August 2019; authorised capital ₹500 crore, paid-up capital ₹100 crore
- Promoters: NALCO (40%), Hindustan Copper (30%), MECL (30%) — all under Ministry of Mines
- Has secured exploration rights in Argentina's Catamarca province and signed an MoU with Australia's Critical Minerals Office and an NDA with Chile's state lithium/mining company for brine-type lithium exploration
- Signed a government-to-government MoU with Argentina (February 2025) to formalise lithium cooperation
● Tracked since February 10, 2026 · last seen September 11, 2026 · updates as the daily brief publishes
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