Coal India eyeing lithium blocks in Australia, Argentina: Chairman Prasad

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Speaking on the sidelines of the 11th Asian Mining Congress and the 11th International Mining Exhibition, Prasad said Coal India Ltd (CIL) is targetting a production of 875 million tonnes (MT) and offtake of 900 MT in the 2025-26 fiscal year.

Prasad further said the Rs 10 per tonne price hike for both coking and non-coking coal with effect from April 16 will have minor impact on the company's revenue.

State-owned CIL is looking at lithium blocks in Australia and Argentina, company's Chairman P M Prasad said on Wednesday.

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Category: BusinessFinance

Markets: IndiaArgentinaAustralia

Topics: Lithium blocks Coal India Lithium blocks in Australia Coal India Chairman

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Article Type: News Report

Published On: 2025-04-02 @ 15:49:36 (1 days ago)

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News Source URL: business-standard.com

Language: English

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