Coal India to bid for 3 mines in critical minerals auctions in February

Coal India, the state-run mining giant, plans to bid for three critical minerals blocks in India's auctions. The company aims to participate in the auctions for lithium and nickel mines, reflecting a strategic move into the minerals sector. Additi...

State-run Coal India will bid for three blocks in critical minerals auctions conducted by the country's mines ministry in February, Chairman and Managing Director P M Prasad told analysts in a post-earnings conference call on Monday.

The world's largest miner has also visited lithium mines in Australia and is in preliminary talks about operating them, Prasad said.

Separately, a senior Coal India official said the company will be bidding for lithium and nickel mines in the auctions that will be held on Feb. 26.


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Business News › Industry › Ind'l Goods/Svs › Metals & Mining › Coal India to bid for 3 mines in critical minerals auctions in February
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