KABIL acquires five critical mineral blocks in Argentina
India's state-owned KABIL has acquired five critical mineral blocks in Argentina to reduce import dependency. This move is part of the government's ₹32,000 crore National Critical Minerals Mission to secure strategic supply chains.
Why it matters
Securing lithium and other critical minerals is essential for India's transition to green energy and domestic manufacturing independence.
Khanij Bidesh India Limited (KABIL), a joint venture of three Central Public Sector Enterprises under the Ministry of Mines — including National Aluminium Company Ltd. (NALCO) and Hindustan Copper Ltd. (HCL) — has secured five critical mineral blocks in Argentina, with operations already underway, said Union Minister for Coal and Mines G. Kishan Reddy on Monday (June 8, 2026).
The article reports on government policy and industrial expansion using factual, neutral language.
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