+
Graphite block acquisition: CIL ventures into non-coal minerals
COAL & MINING

Graphite block acquisition: CIL ventures into non-coal minerals

In a significant expansion of its mining activities, Coal India Limited (CIL) has ventured into graphite mining by becoming the preferred bidder for the Khattali Chotti graphite block located in Alirajpur district of Madhya Pradesh. This move marks CIL's entry into non-coal mineral mining, aligning with its diversification strategy. The announcement came after the company won the bid at the tranche two forward auction organized by the Ministry of Mines on July 9. CIL has committed to a mining premium of 150.05% over the value of the mineral despatched, which will be paid to the state government of Madhya Pradesh. The firm will officially receive the letter of intent once it completes the necessary formalities, including the deposition of performance security. Subsequently, a composite license is expected to be issued within a year, adhering to the timeline stipulated in the National Invitation to Tender (NIT). The decision to bid for the graphite block is part of a broader initiative by the Ministry of Mines to diversify India's mineral production and reduce import dependency. Graphite is crucial for various industrial applications, particularly in manufacturing lithium-ion batteries, which are pivotal for the burgeoning electric vehicle market and energy storage systems. India currently imports about 69% of its graphite requirements, spanning natural, synthetic, and end-use products. With limited players in the graphite mining industry, CIL's entry could catalyze significant developments in this sector. The Khattali Chotti block, which spans nearly 600 hectares, has shown potential with fixed carbon content ranging from 1.99% to 6.50% based on initial bedrock samples. By leveraging its extensive mining experience, CIL is poised to contribute to India?s green energy transition. The company's move into graphite mining is timely, given the projected increase in the market demand for graphite, which is expected to surge by 25%-27% annually by FY 2035.

In a significant expansion of its mining activities, Coal India Limited (CIL) has ventured into graphite mining by becoming the preferred bidder for the Khattali Chotti graphite block located in Alirajpur district of Madhya Pradesh. This move marks CIL's entry into non-coal mineral mining, aligning with its diversification strategy. The announcement came after the company won the bid at the tranche two forward auction organized by the Ministry of Mines on July 9. CIL has committed to a mining premium of 150.05% over the value of the mineral despatched, which will be paid to the state government of Madhya Pradesh. The firm will officially receive the letter of intent once it completes the necessary formalities, including the deposition of performance security. Subsequently, a composite license is expected to be issued within a year, adhering to the timeline stipulated in the National Invitation to Tender (NIT). The decision to bid for the graphite block is part of a broader initiative by the Ministry of Mines to diversify India's mineral production and reduce import dependency. Graphite is crucial for various industrial applications, particularly in manufacturing lithium-ion batteries, which are pivotal for the burgeoning electric vehicle market and energy storage systems. India currently imports about 69% of its graphite requirements, spanning natural, synthetic, and end-use products. With limited players in the graphite mining industry, CIL's entry could catalyze significant developments in this sector. The Khattali Chotti block, which spans nearly 600 hectares, has shown potential with fixed carbon content ranging from 1.99% to 6.50% based on initial bedrock samples. By leveraging its extensive mining experience, CIL is poised to contribute to India?s green energy transition. The company's move into graphite mining is timely, given the projected increase in the market demand for graphite, which is expected to surge by 25%-27% annually by FY 2035.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code