Coal India and NMDC eye lithium mines

16 May 2024 CW Team

Coal India and NMDC, two of India's foremost mining companies, are actively exploring opportunities to delve into the lithium mining sector overseas. With the increasing global demand for lithium, driven primarily by the surge in electric vehicles and renewable energy storage solutions, the move signifies a strategic shift in the companies' focus towards emerging minerals crucial for the future of clean energy. As traditional mining commodities face fluctuating demand and environmental scrutiny, diversifying into lithium presents a forward-looking approach for sustainable growth.

Lithium, dubbed as the 'white gold', has garnered immense attention due to its pivotal role in powering lithium-ion batteries, essential for electric vehicles and energy storage systems. Coal India, the world's largest coal miner, and NMDC, a major iron ore producer, recognise the significance of lithium in the transitioning energy landscape. By venturing into lithium exploration abroad, they aim to secure a foothold in the global lithium market and capitalise on the burgeoning demand.

The exploration for lithium mines abroad underscores India's ambition to reduce dependency on imports and bolster domestic reserves of critical minerals. With a growing emphasis on self-reliance and sustainable resource management, the initiative aligns with the country's broader strategic objectives in the energy and mining sectors. Additionally, tapping into overseas lithium deposits could potentially strengthen India's position in the global supply chain of clean energy technologies, fostering innovation and economic growth.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..