Q. ‘KABIL’ is a joint venture company created by which Union Ministry?
Answer:
Ministry of Mines
Notes: The Mines Ministry has created a joint venture company called ‘Khanij Bidesh India (KABIL)’. The equity participation of National Aluminium Company (NALCO), Hindustan Copper (HCL) and Mineral Exploration Corporation (MECL) is 40:30:30.
India is working to acquire mines of strategic minerals such as lithium and cobalt in countries like Australia, Argentina, Bolivia and Chile. India aims to ensure a committed supply of raw materials for renewable energy (RE) and e-mobility sectors.