Coal India and IREL Partner to Develop Critical Minerals
POWER & RENEWABLE ENERGY

Coal India and IREL Partner to Develop Critical Minerals

Coal India Limited (CIL) and IREL (India) Limited signed a non-binding Memorandum of Understanding (MoU) to collaborate on the development of critical minerals.

This partnership aims to foster the development of critical minerals such as mineral sands and rare earth elements (REE). The two companies will join forces to acquire assets, source raw materials from domestic and international markets, and establish mining, extraction, and refining capabilities.

The collaboration is part of CIL’s strategy to reduce India’s dependence on imports of critical minerals, including lithium and cobalt.

CIL’s Chairman, P M Prasad, has previously stressed the need for securing these mineral assets to support India’s clean energy goals.

The Indian government’s Union Budget for 2024-25 announced the Critical Mineral Mission, which focuses on expanding domestic production, recycling, and incentivising asset acquisition.

India is among the few countries capable of producing rare earth elements, and IREL aims for self-sufficiency in mining, processing, and refining these essential minerals.

However, the development of critical minerals also raises environmental concerns due to the significant water usage and potential for air pollution during refining and processing.

Coal India Limited (CIL) and IREL (India) Limited signed a non-binding Memorandum of Understanding (MoU) to collaborate on the development of critical minerals. This partnership aims to foster the development of critical minerals such as mineral sands and rare earth elements (REE). The two companies will join forces to acquire assets, source raw materials from domestic and international markets, and establish mining, extraction, and refining capabilities. The collaboration is part of CIL’s strategy to reduce India’s dependence on imports of critical minerals, including lithium and cobalt. CIL’s Chairman, P M Prasad, has previously stressed the need for securing these mineral assets to support India’s clean energy goals. The Indian government’s Union Budget for 2024-25 announced the Critical Mineral Mission, which focuses on expanding domestic production, recycling, and incentivising asset acquisition. India is among the few countries capable of producing rare earth elements, and IREL aims for self-sufficiency in mining, processing, and refining these essential minerals. However, the development of critical minerals also raises environmental concerns due to the significant water usage and potential for air pollution during refining and processing.

Next Story
Infrastructure Transport

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

Next Story
Infrastructure Urban

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Next Story
Technology

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?