Sindhu Trade Links Ltd. (STLL), a diversified conglomerate with interests spanning coal mining services, logistics, food processing infrastructure, and renewable energy, has announced in its ongoing effort to diversify and expand into strategic and future critical
sectors, has approved 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 upto USD 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.