CIL, Vedanta, Adani seek lithium mining rights in Korba, Chhattisgarh

13 Mar 2024 CW Team

Various companies including Coal India, Vedanta, Adani Group, and Jindal, have conveyed their interest in conducting a survey and excavation of the lithium mine discovered in Chhattisgarh?s Korba district.

In February 2023, lithium was uncovered in the Katghora tehsil by the Geological Survey of India (GSI). According to an initial report, the lithium deposits covered an area of 256.12 hectares, of which 84.86 hectares belonged to the forest. Coal India, if granted the license, intends to expand its mining activities to include other minerals. Additionally, Ola Electric, Shree Cement, Khanij Bidesh India, Oriental Mining & Co, Dalmia, Rungta, and UltraTech have also demonstrated their interest, as stated by the officer.

The GSI reported that geochemical mapping revealed varying lithium values in the seven composite samples from the Katghora area, ranging from 82.606 to 155 ppm (parts per million).

The GSI report suggests that the Katghora block might be proposed for a composite license, encompassing a prospecting license-cum-mining lease. This block is part of the ongoing auction process for 20 mineral blocks nationwide.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..