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
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?