CIL Intensifies Pursuit for Critical Mineral Acquisitions
COAL & MINING

CIL Intensifies Pursuit for Critical Mineral Acquisitions

Coal India Limited (CIL) is actively pursuing the acquisition of critical minerals to bolster its resource portfolio and secure its strategic interests. The company's chairman has highlighted this initiative as a key component of its long-term strategy to enhance its capabilities and ensure resource security.

The move comes in response to the growing demand for critical minerals essential for various industries, including energy, technology, and infrastructure. By expanding its mineral resource base, CIL aims to reduce dependency on imports and ensure a steady supply of these crucial materials for its operations and the broader energy sector.

CIL's efforts include exploring and investing in mining projects both domestically and internationally. This strategic acquisition plan is designed to strengthen CIL's position in the global market and support its ongoing commitment to energy security and sustainable development.

The acquisition of critical minerals aligns with India's broader goals of enhancing resource security and supporting the growth of its industrial and technological sectors. By securing these resources, CIL aims to contribute to the nation's infrastructure development and energy requirements.

Overall, CIL's proactive approach to acquiring critical minerals underscores its commitment to maintaining a robust resource base and supporting the growth and stability of India's energy sector.

Coal India Limited (CIL) is actively pursuing the acquisition of critical minerals to bolster its resource portfolio and secure its strategic interests. The company's chairman has highlighted this initiative as a key component of its long-term strategy to enhance its capabilities and ensure resource security. The move comes in response to the growing demand for critical minerals essential for various industries, including energy, technology, and infrastructure. By expanding its mineral resource base, CIL aims to reduce dependency on imports and ensure a steady supply of these crucial materials for its operations and the broader energy sector. CIL's efforts include exploring and investing in mining projects both domestically and internationally. This strategic acquisition plan is designed to strengthen CIL's position in the global market and support its ongoing commitment to energy security and sustainable development. The acquisition of critical minerals aligns with India's broader goals of enhancing resource security and supporting the growth of its industrial and technological sectors. By securing these resources, CIL aims to contribute to the nation's infrastructure development and energy requirements. Overall, CIL's proactive approach to acquiring critical minerals underscores its commitment to maintaining a robust resource base and supporting the growth and stability of India's energy sector.

Next Story
Infrastructure Urban

Andhra Pradesh to Develop 30,000 Women-Led Enterprises by 2025

The Municipal Administration and Urban Development (MAUD) Department is accelerating efforts to create sustainable livelihoods for women in urban areas, in line with Chief Minister Nara Chandrababu Naidu’s goal of fostering one lakh women entrepreneurs by 2025. Under this initiative, the MAUD Department has set a target to establish 30,000 women-led enterprises across towns and cities in Andhra Pradesh. To support this vision, the department plans to establish Micro, Small & Medium Enterprises (MSMEs) for women in TIDCO housing complexes. Vacant plots across 163 colonies have been earmarked ..

Next Story
Infrastructure Energy

G Kishan Reddy discusses mining expansion, clearances with Chhattisgarh CM

Coal and Mines Minister G Kishan Reddy met Chhattisgarh CM Vishnu Deo Sai on Friday to expedite land acquisition and environmental clearances for mining projects. Reddy, who was on a two-day visit to review operations at South Eastern Coalfields Ltd (SECL), discussed measures to boost mining-led economic growth in the state. Key topics included speeding up land acquisition for mine expansions, obtaining quicker environmental approvals, and setting up integrated rehabilitation and resettlement sites. The minister also highlighted the importance of developing critical minerals in the region, alo..

Next Story
Infrastructure Urban

NITI Aayog's Vision for India's Auto Industry

NITI Aayog has launched the report titled "Automotive Industry: Powering India’s Participation in Global Value Chains," offering a roadmap for the country’s automotive future. Released by Shri Suman Bery, Vice Chairman, the report outlines key strategies to grow India’s automotive sector to $145 bn in component production by 2030. India is currently the fourth-largest automobile producer globally, but with only a modest three per cent share in the global automotive component market. The report emphasises the need to strengthen India’s position through competitive manufacturing, skill d..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?