Coal India Limited (CIL) has added lithium, cobalt, and nickel assets to its Memorandum of Association (MoA) to reflect its commitment to expanding into new sectors. CIL is targeting the acquisition of these critical minerals assets abroad and is currently identifying potential mergers and acquisitions opportunities. This strategic move aims to secure a steady supply of the minerals for India s Atmanirbhar mission.
The company has recently amended its Memorandum of Association (MoA) to include non-ferrous and critical minerals, indicating its commitment to expand its presence in new sectors.
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