KABIL, a joint venture of Nalco, HCL, and MECL, aims to acquire a lithium asset in Australia this fiscal year.

Khanij Bidesh India Ltd (KABIL), a joint venture of three public sector companies, aims to acquire a lithium asset in Australia during the current fiscal year. KABIL, which has been working in Australia for a year, plans to increase its efforts there. The company is owned by the National Aluminium Company Ltd (Nalco), Hindustan Copper Ltd (HCL), and Mineral Exploration and Consultancy Ltd (MECL).