Coal India Arm SECL Identifies Seven Mine Dumps For Rare Earth Exploration

South Eastern Coalfields Limited (SECL), a subsidiary of Coal India, has identified seven mine dumps for the exploration of rare earth elements (REEs). This initiative aligns with India's strategic efforts to secure a domestic supply of these critical resources, which are essential for high-tech industries such as electronics, renewable energy, and defense. The global supply chain for rare earths has become increasingly precarious, particularly due to heavy reliance on China, which controls a significant portion of the world's REE production. By tapping into these mine dumps, SECL aims to enhance India's self-sufficiency and reduce dependence on foreign imports. The move is part of a broader government strategy to bolster the country's mineral resources and promote sustainable development, while also addressing environmental concerns associated with mining activities. As India seeks to establish itself as a key player in the high-tech sector, this exploration is expected to pave the way for future investments and innovations in the field of rare earth extraction and utilization.
Originally reported by NDTV Profit. Read original article
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