Coal India Receives Composite Mineral License from Mines Ministry

Coal India Limited informed stock exchanges that the Ministry of Mines, Government of India, has awarded the company a Composite License for Grant of Mineral Concession. 

The approval has been provided under the provisions of the Mines and Minerals (Development and Regulation) Act, 1957, as amended from time to time. The development marks an important step in Coal India’s diversification into critical and strategic minerals.

Key Features of the License

The license pertains to the Kawalapur REE and RM block spread over an area of 398 hectares. The concession has been granted by a domestic entity, namely the Ministry of Mines, and follows the regulatory framework laid down by the central government. 

The Composite License enables Coal India to undertake exploration and related activities before the formal execution of a mining lease.

Execution Timeline

As per the terms, the mining lease deed will be executed by the respective state government. The holder of the Composite License is required to complete the necessary procedures to become the holder of the Mining Lease within a period of five years. This timeline allows the company to conduct detailed exploration, prepare feasibility reports and obtain statutory clearances.

Strategic Importance

The Kawalapur block contains Rare Earth Elements and other rare minerals that are critical for emerging technologies, clean energy and electronics manufacturing. Coal India’s entry into this segment aligns with the government’s objective of reducing import dependence and strengthening domestic supply chains for strategic minerals.

Coal India Share Price Performance

On January 20, 2026, Coal India share price (NSE: COALINDIA) opened at ₹430.10, almost the same as its previous close of ₹430.15. At 11:47 AM, the share price of Coal India was trading at ₹420, down by 2.36% on the NSE.

Also Read: Best Long-Term Stocks in Jan 2026 – 5yr CAGR Basis!

Conclusion

The award of the Composite License is a significant milestone for Coal India as it expands beyond traditional coal mining into high-value mineral resources. The move is expected to support India’s critical mineral security and open new growth avenues for the company over the long term.

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