Kolkata, September 23 (APAC Media): Coal India Limited has signed the Exploration Licence Deed for the Ontillu–Chandragiri Rare Earth Element (REE) Exploration Block in Andhra Pradesh.
The block spans 209 sq km across Tirupati and Chittoor districts and was auctioned by the Ministry of Mines under Tranche-I of the Exploration Licence auction. Coal India emerged as the Preferred Bidder for the block.
The exploration will focus on assessing the potential of Rare Earth Elements (REEs), which are critical for advanced technologies, clean energy applications and strategic industries.
The initiative is also expected to support India’s efforts towards greater resource security and self-reliance in critical minerals.
About Coal India
Coal India Limited (CIL) is a Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Coal, Government of India. The company is engaged primarily in coal mining and production through its subsidiaries and remains a major contributor to India’s energy supply.
Coal India is also expanding its focus into areas linked to critical minerals and resource exploration as part of efforts to diversify its operations.
Also Read:
