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Coal India executes MoU with IREL (India)

07 Jan 2025 Evaluate

Coal India (CIL) and IREL (India), a public sector undertaking under the Department of Atomic Energy, GoI, have executed a Non-Binding Memorandum of Understanding (MoU) on January 6, 2025 to cooperate and collaborate for development (mining/ extraction/ refining etc.) of mutually agreed assets of critical mineral in general including mineral sands/ REE by acquiring assets /sourcing raw material domestically or internationally.

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.


Peers
Company Name CMP
Coal India 397.75
NMDC 66.30
Ashapura Minechem 419.95
Sandur Manganese 156.65
GMDC 424.55
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