Coal India to Bid for More Iron Ore Blocks for Planned Pelletization Plant

plans to bid for additional iron-ore blocks to secure feedstock for its proposed pelletization plant. The move aims to diversify beyond coal and expand value capture from its iron-ore resources. This follows the company’s recent emergence as the preferred bidder for the Gadadharpur iron ore block in Odisha. The strategy supports greater domestic value addition and aligns with rising steel sector demand for pellets. **Top stocks in the mining / iron ore industry:** NMDC, Steel Authority of India (SAIL), and Tata Steel.