Coal India to bid for 3 mines in critical minerals auctions in Feb

19th February 2024 By: Bloomberg

BENGALURU - State-run Coal India will bid for three blocks in critical minerals auctions conducted by the country's mines ministry in February, chairman and MD P M Prasad told analysts in a post-earnings conference call on Monday.

The world's largest miner has also visited lithium mines in Australia and is in preliminary talks about operating them, Prasad said.

Separately, a senior Coal India official said the company will be bidding for lithium and nickel mines in the auctions that will be held on Feb. 26.