Archive · 11 Aug 2026

Coal India Evaluates Chile Lithium Asset Acquisition for EV Supply

Coal India Evaluates Chile Lithium Asset Acquisition for EV Supply

Coal India is a very big company that digs coal out of the ground.

Now it wants to get lithium, which is the special metal used to make batteries for electric cars.

Lithium is found in places like Chile, a country far away.

Coal India is thinking about buying a part of a Canadian company's lithium business in Chile.

Before it can do that, the Chilean government must give permission to dig for lithium.

The two companies asked for this permission in October 2025, but the wait has been long because Chile got a new government.

If the permission is granted, Coal India might buy the business or work together with the other company.

India needs lithium so it can make batteries and clean energy at home.

Getting lithium from Chile would help India depend less on other countries for important minerals.

Sources