Mining

Pralhad Joshi, Canadian delegation discuss strengthening mining cooperation

The Union Minister for Coal & Mines, Pralhad Joshi, held a productive meeting with a Canadian delegation led by H.E. Ranj Pillai, Premier of Yukon, Canada, during their visit to India from September 17th to 20th, 2023. The discussions centred on enhancing cooperation in the mining sector, particularly in the extraction of critical minerals, with a shared commitment to fortify the supply chain between the two nations.

Yukon, located in the westernmost part of Canada, boasts abundant mineral resources, including Lead, Zinc, Silver, Gold, Asbestos, Iron, and Copper. Premier Ranj Pillai provided a comprehensive overview of Yukon’s mining and mineral potential, emphasizing the avenues through which Yukon resources could support India’s burgeoning industrial needs.

Minister Pralhad Joshi informed the delegation that the Ministry of Mines has established an entity called ‘KABIL’ (Khanij Bidesh India Ltd) with the aim of securing critical and strategic minerals through international partnerships and investments. This initiative aligns with India’s strategy to ensure a stable supply of minerals essential for its industries.

During the discussions, both sides explored avenues for deeper collaboration in the field of mineral resources. Premier Ranj Pillai extended a warm invitation to a delegation from India to visit Yukon, assuring them of his full support in exploring investment opportunities and the acquisition of minerals from the region. This invitation marks a significant step toward strengthening ties between India and Canada in the realm of mining and resource extraction.

The meeting between Minister Pralhad Joshi and Premier Ranj Pillai is poised to deepen cooperation between the two countries, fostering increased exchange of knowledge, technology, and resources in the critical minerals sector. It lays the foundation for a stronger partnership that will contribute to the mutual growth and prosperity of both India and Canada.

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