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Coal India awaits exploration rights for Mozambique coal blocks

07 Jun 2017 Evaluate

Coal India is awaiting a response from the Mozambique government for exploration rights for new prospective coal blocks in the African country. A request has been made to government of Mozambique for allocation of exploration rights of new prospective blocks but no response has been received till date.

Coal India Africana (CIAL), a wholly-owned subsidiary of CIL was granted prospecting licenses for two coal blocks, covering a total area of 224 sq km by the Ministry of Mineral Resources, Government of Mozambique.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.

Coal India Share Price

441.95 3.25 (0.74%)
20-Apr-2026 14:37 View Price Chart
Peers
Company Name CMP
Coal India 441.95
NMDC 89.10
GMDC 695.65
Sandur Manganese 214.50
MOIL 323.95
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