Coal India Secures Rare Earth Block Licence
The licence grants Coal India rights over the block for a period of five years, the company said in a regulatory filing. The development is seen as a strategic milestone in CIL’s efforts to diversify beyond coal and strengthen its presence in minerals that are vital for advanced technologies and clean energy applications.
Rare earth elements play a crucial role in sectors such as renewable energy, electric vehicles, electronics and defence. By securing the Kawalapur block, Coal India aims to position itself within India’s emerging critical minerals ecosystem, aligning with national priorities to reduce import dependence and enhance supply chain security.
The move reflects Coal India’s broader strategy to leverage its mining expertise and infrastructure to tap new opportunities in strategic resources, supporting India’s long-term industrial and technological ambitions.