HYDERABAD, JULY 04, 2025: Singareni, which has so far excelled in coal, thermal, and solar power sectors, should now take up business expansion into the production of critical minerals and rare earth elements and establish itself as a leader in the country, said Union Minister for Coal and Mines G. Kishan Reddy.
Speaking on the occasion of signing a preliminary Memorandum of Understanding (MoU) between Singareni Collieries Company and the Non-Ferrous Materials Technology Development Centre (NFTDC) — a key research and development organization under the Ministry of Coal and Mines — he emphasized that public sector companies must now enter the field of critical minerals in line with the evolving needs of the country and contribute toward achieving self-sufficiency in this area.
He mentioned that traces of rare earth elements were found in certain open-cast mines of Singareni, in the fly ash and bottom ash generated from the Singareni Thermal Power Plant, and in some hill ranges of the erstwhile Khammam district. The MoU would greatly help in conducting further studies and developing processes to extract these elements, he added.
CMD N. Balaram stated that, as per the directions of the State and Central Governments, Singareni has already decided to enter the critical minerals sector and has also appointed consultancy agencies for this purpose.
Joint Secretary, Ministry of Mines, Mr. Vivek Kumar Bajpai, who also participated in the event, assured that Khanij Bidesh India Limited (KABIL) would extend complete support to Singareni’s overseas expansion in this field.
Also present at the program were Singareni Directors Mr. Venkateswarlu (P&P), Mr. Gautam Potru (Personnel), ED Coal Movement Mr. S.D.M. Subhani, and senior officials from NFTDC.
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