Deals16 Sept 2025, 05:21 pm
Coal India Ltd Declared Preferred Bidder for Ontillu- Chandragiri REE Exploration Block
AI Summary
Coal India Limited has been declared as Preferred Bidder by the Ministry of Mines, Government of India for Ontillu- Chandragiri Rare Earth Element (REE) Exploration Block. The exploration block covers an area of 209.62 sq.km. This declaration is in accordance with the Mines and Minerals (Development and Regulation) Act, 1957 as amended from time to time. The exploration license is to be executed within 1 year of the issuance of Letter of Intent by the State Government.
Key Highlights
- Coal India Ltd declared Preferred Bidder by Ministry of Mines, Government of India
- For Ontillu- Chandragiri Rare Earth Element (REE) Exploration Block
- Block area covers 209.62 sq.km
- In accordance with Mines and Minerals (Development and Regulation) Act, 1957
- Exploration license to be executed within 1 year of Letter of Intent issuance