-1.20 (-0.28%) 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.