Coal India is yet to firm up the modalities related to diversifying into new mineral mining, said CMD Gopal Singh on Wednesday.
“We just decided on diversification 2-3 months ago. We hope to be ready with the modalities in the next few months,” he said here on the sidelines of the 7th Asian Mining Congress, organised by the Mining, Geological and Metallurgical Institute of India.
CIL had said that it was contemplating foray into new minerals and metals such like iron-ore, nickel, bauxite and copper to harness its mining expertise.
Singh had earlier said that the diversification was unlikely to cause any conflict or impact CIL’s coal production target.