COAL INDIA PLANS OVERSEAS EXPANSION THROUGH CHILE AND SINGAPORE SUBSIDIARIES FOR CRITICAL MINERALS BUSINESS

is planning to expand it's global presence through the establishment of overseas subsidiaries in Chile and Singapore. The state-owned mining giant is accelerating it's diversification strategy as it increases focus on critical minerals, rare earth elements, copper, lithium, and coking coal opportunities amid the global energy transition. The company has already identified a lithium block in Chile and completed the due diligence process, while final approval from the Chilean government is still awaited. The company is also planning to establish a Singapore-based subsidiary to facilitate collaborations and partnerships linked to Australia’s mining sector. It is exploring opportunities involving critical minerals, rare earth elements, copper, and coking coal in Australia through partnerships with established mining operators.