Chile minister keen on expanding mineral collaboration
Minister of Coal & Mines G. Kishan Reddy has emphasized India’s commitment to strengthening cooperation with Chile in copper, lithium, and other critical minerals, highlighting the growing importance of these minerals in India’s industrial growth and sustainable energy transition http://mines.gov.in.
Reddy underlined the importance of critical minerals during a round table organised on 1 April by the International Copper Association, India, with focus on expanding bilateral cooperation between India and Chile in various key areas of the mining sector, including mineral exploration, sustainable mining practices, and value-added mineral processing.
Discussions also revolved around renewing the existing India-Chile MoU on Geology and Mineral Resources, ensuring a more robust and future-ready framework for collaboration in the critical mineral domain https://www.investindia.gov.in/.
Responding, Mines Minister Aurora Williams spoke about Chile’s leadership in the global mining sector, particularly in copper and lithium, and expressed enthusiasm for expanding collaboration with India to meet both nations’ mineral needs and support the transition to greener technologies.
As India’s demand for critical minerals such as copper, lithium, and rare earth elements continues to grow, the round table highlighted the strategic importance of these minerals for sectors like electric mobility, renewable energy, and electronics manufacturing https://www.commerce.gov.in/.
With this collaboration, both nations are aiming to unlock new opportunities for joint ventures, long-term supply agreements, and cross-border investments, the Mines Ministry said.
Chile, being a global leader in copper and lithium production, offers significant opportunities for Indian companies looking to secure access to these minerals through Greenfield and Brownfield mining projects. The discussions also emphasized the potential for technology transfer, best practices in sustainable mining, and strengthening the global mineral supply chain.
“This renewed cooperation not only promises to enhance economic ties between India and Chile but also aims to build a resilient and sustainable mining supply chain that supports both nations’ long-term energy and economic goals,” said the Ministry https://fieo.org/.
The India-Chile Mining Industry Round Table is a crucial step in fostering mutual growth, technological exchange, and a more sustainable mining future, it added.
The Chilean delegation is part of the Chile President Gabriel Boric Font State visit to India from 1-5 Ap 2025, commemorating the completion of 76 years of diplomatic relations between the two countries. fiinews.com
