Market Chatter: Coal India Eyes Lithium Assets through Acquisition of Wealth Minerals Unit

MT Newswires Live

Aug 11

Coal India (BOM:533278, NSE:COALINDIA) is looking into the acquisition of Canadian Wealth Minerals' subsidiary Kuska Minerals, Reuters reported Tuesday citing two people with knowledge of the matter.

The move reportedly comes for the miner to obtain access to lithium resources, as Kuska Minerals has lithium mining assets in Chile.

The two parties have reportedly applied to the Canadian authorities for a lithium extraction license, according to the report.

Coal India and Wealth Minerals did not immediately respond to MT Newswires' request for a comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MTX","symbol_name":"Minerals Technologies Inc","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2658996546","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2658996546","pubTimestamp":1786440404,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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