Coal India eyes rare earth pacts with Russia, Australia

CIl’s move follows expansion of China export curbs.

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Coal India is scouting partnership opportunities in rare-earth mining across Australia, Russia, Argentina, Chile and several African countries, a top executive of its coking coal-focused unit said on Thursday, as New Delhi looks to reduce reliance on China-dominated supply chains.

The move comes after top producer China expanded export curbs on rare-earth minerals late last year, threatening operations in sectors from autos to electronics that depend on the critical materials.