Coal India’s board has approved the incorporation of an Intermediate Holding Company (IHC) in Chile. This IHC will explore and develop opportunities in Chile, especially in the field of critical minerals like lithium and copper, aligning with Coal India’s diversification strategy. The company’s investment will be 100% equity, and governmental/regulatory approvals are underway.
Chile IHC Incorporation
Coal India Limited (CIL) has secured board approval to establish an Intermediate Holding Company (IHC) in Chile. This decision, made at a board meeting held on February 4, 2026, marks a significant step in CIL’s strategic diversification efforts.
Strategic Rationale
The newly formed IHC will be dedicated to exploring and developing opportunities within Chile’s critical minerals sector. The primary focus will be on lithium and copper, aligning with CIL’s long-term diversification strategy and leveraging the growing demand for these resources.
Investment Details
Coal India’s investment in the IHC will be 100% equity. Necessary governmental and regulatory approvals are being pursued to facilitate the IHC’s incorporation. Additional details, including the cost of subscription and pricing, are currently being finalized.
Source: BSE
