Coal India Signs MoU with NFTDC to Boost Tech in Critical Minerals sector

Coal India Limited (CIL) announced that it has signed a Memorandum of Understanding (MoU) with the Non-Ferrous Materials Technology Development Centre (NFTDC).

The non-binding MoU, established on March 15, 2025, in Hyderabad, aims to enhance technology advancement and knowledge in the critical minerals industry.

NFTDC, an independent research and development body under the Ministry of Mines, will collaborate with Coal India to promote innovation and progress in the vital minerals industry.
The partnership also corresponds with the government's emphasis on independence and innovation in the mining industry.

Earlier this month, Coal India announced that its February production fell by 0.8% compared to last year, totaling 74.1 MT. For the entire year, production has increased by just 1.5% compared to the previous year, reaching 695.3 MT. This represents 83% of the total production goal of 838 MT for the fiscal year 2025.

The firm now has an output goal of 142 MT for March, the final month of the current financial year, to align with its forecasts for this financial period.

February's offtake also fell by 4.8% compared to the previous year, reaching 62.1 MT. As of this year, offtake reached 693.4 MT, reflecting a 1.3% increase compared to the previous year