Khanij Bidesh India Limited is a Joint Venture Company of three Government Enterprises namely National Aluminium Company Ltd. (NALCO), Hindustan Copper Limited (HCL), and Mineral Exploration & Consultancy Limited (MECL), with a holding ratio of 40:30:30, under the aegis of Ministry of Mines. GoI formed KABIL to ensure supply-side assurance of critical and strategic minerals and mineral security of the nation and Incorporated on 08.08.2019 under the Companies Act 2013.
The mandate of KABIL is to identify, explore, acquire, develop, mine, process, and procure strategic minerals outside India for supplying primarily to India, to meet domestic requirements due to its non or meager availability in the country and giving a big push to Make in India.
Secretary, Ministry of Mines Shri V L Kantha Rao today inaugurated the Registered Office of Khanij Bidesh India Ltd (KABIL) at Sansad Marg, New Delhi in the presence of Senior officials of Ministry & KABIL.
KABIL, a Joint Venture Company formed by NALCO, HCL, and MECL, the CPSEs under the Ministry of Mines, is entrusted with the important mission of identifying, exploring, acquiring, and developing critical & strategic mineral assets overseas.
The Secretary Mines in his inaugural address mentioned that the inauguration of Office of Khanij Bidesh India Limited at Delhi symbolizes a new era of concerted efforts towards ensuring the mineral security of India.
With a steadfast commitment to excellence, Khanij Bidesh India Limited, is poised to play a crucial role in driving India’s growth and self-sufficiency in the realm of critical & strategic minerals aligning with the objectives of “Make in India” and “Viksit Bharat” and India achieving the Net Zero Emission Goal.
Shri V L Kantha Rao, Secretary, @MinesMinIndia, inaugurated the Registered Office of Khanij Bidesh India Limited (KABIL) at PTI Building, Sansad Marg, Delhi, on 11 May, 2024. The Inauguration of the Office of KABIL's at Delhi symbolizes a new era of concerted efforts towards… pic.twitter.com/XJm54w2E9F
— Ministry of Mines (@MinesMinIndia) May 11, 2024
An instrumental step in KABIL’s journey was the signing of an Exploration and Development Agreement with CAMYEN on January 15, 2024.
This agreement granted Khanij Bidesh India Limited, exclusive exploration rights for five lithium blocks in Argentina, marking a significant stride towards securing a stable supply of lithium, a key component in the production of batteries essential for various industries, including electric vehicles.
There is also the collaboration of India with Australia which is the leading producer of Lithium ( about 47% of the world- top producer) and Cobalt (about 3% of the World- 4th largest producer) by signing a G2G MoU ( between the Ministry of Mines and DSIR) and B2B MoU ( between Khanij Bidesh India Limited and CMO). Five projects of Lithium and Cobalt have been selected where project feasibility is being carried out.
Khanij Bidesh India Limited (KABIL), is a Joint Venture Company among the three Government Enterprises: National Aluminium Company Ltd. (NALCO), Hindustan Copper Limited (HCL) and Mineral Exploration & Consultancy Limited (MECL), in the ratio of 40:30:30, under the aegis of Ministry of Mines, Government of India, formed to ensure supply side assurance of critical and strategic minerals and mineral security of the nation. KABIL was Incorporated on 08.08.2019 under the companies Act 2013.
Mandate of KABIL is to identify, explore, acquire, develop, mine, process, procure strategic minerals outside India for suppling primarily to India, to meet domestic requirements due to its non or meagre availability in the country and giving a big push to Make in India.
Khanij Bidesh India Limited (KABIL) Establishes Registered Office in New Delhi
Khanij Bidesh India Limited (KABIL) has officially established its registered office in New Delhi, marking a significant milestone in its journey. As a joint venture of three prominent public sector enterprises—National Aluminium Company Limited (NALCO), Hindustan Copper Limited (HCL), and Mineral Exploration Corporation Limited (MECL)—KABIL aims to ensure a consistent supply of critical and strategic minerals to the Indian economy.
The new office in New Delhi positions KABIL at the heart of the nation’s capital, enhancing its ability to coordinate with various stakeholders, including government bodies, industry partners, and international collaborators. This strategic move is set to strengthen KABIL’s efforts in mineral exploration, acquisition, and development, aligning with India’s vision of self-reliance in the mining sector.
KABIL’s establishment in New Delhi is a step towards leveraging the city’s robust infrastructure, skilled workforce, and strategic location. The company is committed to sustainable and responsible mining practices, ensuring minimal environmental impact while maximizing economic benefits.
As KABIL continues to expand its footprint, the new registered office in New Delhi will serve as a hub for innovation, collaboration, and strategic planning. This move underscores KABIL’s dedication to contributing to India’s growth by securing vital mineral resources and fostering a sustainable future.
For more information, visit KABIL’s official website and stay updated on their latest initiatives and projects.
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