Sindhu Trade Links considers investment up to $100 million in lithium mining, rare earth element

The company has received board approval for a long-term growth strategy focused on critical minerals and metals building upon the National Critical Mineral Mission of India

Sindhu Trade Links has received board approval for a long-term growth strategy focused on critical minerals and metals building upon the National Critical Mineral Mission of India and the increasing demand for critical minerals and metals across the globe fueled by infrastructure expansion. Pursuant to this strategy the company will explore potential investment and acquisition opportunities in the Lithium mining and Rare Earth Element (REE) mining sectors, both in India and overseas and mining of metals such as Iron Ore which are critical for India and the global infrastructure expansion. 

As part of its growth strategy, the company is considering deployment of up to $100 Million (INR equivalent) in suitable projects or ventures, either directly or through subsidiaries or strategic joint ventures, with a focus on securing upstream resources critical to the energy transition, electric mobility and advanced electronics industries. The company intends to pursue organic growth by participating in auctions for some of the upcoming blocks in India through strategic alliances with partners as well as acquire mineral blocks in India as well as overseas to fast track the development timelines. As part of this strategy, the company is evaluating opportunities in Asia, Africa and Australia and has shortlisted a few potential targets.

This initiative aligns with the company’s long-term vision to contribute in Indian’s resource security and green industrialization goals and to create a robust presence in the Global critical minerals value chain and building on its and its group companies several decades of experience in developing and operating mineral projects. 

Sindhu Trade Links is engaged in the business of transportation, media, investment and finance, Petrol Pump Operations, Power Distribution and Engineering Projects and Overseas Mining and Trading of Coal.