Coal India seeks for lithium brine assets destined in Argentina
The state-owned mining giant has invited expressions of interest (EOI) from experienced consultants to conduct technical due diligence on lithium brine assets in Argentina.

Coal India seeks for lithium brine assets destined in Argentina
Coal India Ltd (CIL) is focusing on Argentina as part of its strategic diversification into critical minerals, particularly lithium brine assets, as an official announced on Sunday. Recognizing the economic importance and strategic value of minerals such as lithium (Li), nickel (Ni), cobalt (Co), and others, the Maharatna company has begun exploring opportunities in resource-rich countries like Argentina, Australia, and Chile.
The state-owned mining giant has invited expressions of interest (EOI) from experienced consultants to conduct technical due diligence on lithium brine assets in Argentina. A senior Coal India official stated that the chosen consultant will perform due diligence, including an initial review process to assess the identified assets' financial, strategic, and geological viability.
Lithium brine is a concentrated salt solution containing dissolved lithium and other minerals. The demand for lithium is soaring due to its use in lithium-ion batteries, driven by the increasing need for electric vehicles.
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