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Union Coal and Mines Minister G Kishan Reddy on Monday said that the Centre aims to reduce dependence on imports and make the country 'atma nirbhar' (self-reliant) in the minerals sector. Speaking at a roadshow organised by the Mines Ministry on the 7th Tranche Auction of critical mineral blocks and Tranche-2 Exploration Licence, he said the union government's top priorities are to make the country benefit from the mineral wealth and increase employment generation. "I would like to say on behalf of the Centre. The government does not not work for revenue in the mineral sector. It takes major steps to make the country atma nirbhar in the mineral sector," he said. Observing that there are a lot of opportunities for extraction of critical minerals in urban mining and coal gasification in the future, he urged the private sector to work together with PSUs, state governments and others. Union Mines Secretary Piyush Goyal said during FY 2025-26, a record 212 mineral blocks were auctioned
India's coal import dropped 8.5 per cent to 16.55 million tonnes in February on record stockpile of domestic coal and firmness in seaborne prices. The country's coal import is poised to maintain a weak trend this month with domestic miners making efforts to liquidate stockpiles. "A record high stockpile of domestic coal and firm seaborne prices resulted in a drop in thermal coal imports. With the domestic miners endeavouring to liquidate stocks, the weak trend in imports is expected to continue during the current month," mjunction MD & CEO Vinaya Varma said. mjunction services is a B2B e-commerce platform and joint venture between Tata Steel and Steel Authority of India. The import in February 2024-25 stood at 18.10 (MT), according to data compiled by mjunction services limited. On a month-on-month basis, coal import in February was almost flat as against 16.64 MT in January 2026. Of the total imports in February, non-coking coal imports stood at 9.80 MT, lower than 11.08 MT ...