Coal India expands to Africa
India’s mining giant, Coal India, is embarking on an ambitious global hunt for rare-earth minerals. Through its subsidiary, Bharat Coking Coal Ltd (BCCL), the company is actively seeking partnerships across Australia, Russia, and Africa to secure these critical resources. This strategic push aims to reduce India’s heavy reliance on China, which currently dominates the global supply chain for these essential elements. The company says its plans are still at an early stage, but it is already lining up collaborations with Indian state-owned firms while preparing to invest abroad, using proceeds from its recently oversubscribed IPO. With Africa emerging as a key frontier for rare-earth resources—especially in Nigeria—Coal India’s moves signal a broader geopolitical scramble for the minerals that will power the green and digital economy.
Nairametrics