As New Delhi aims to secure long-term access to critical raw materials needed for the clean energy transition, India’s state-owned Steel Authority of India (SAIL) and National Mineral Development Corporation (NMDC) are exploring acquisitions of Russian coking coal assets and additional nickel supplies. According to Reuters’ anonymous sources, India sent a delegation to Russia last month, seeking preliminary talks with government representatives and industry executives on possible deals regarding coking coal assets and wider cooperation over raw material supplies.JOIN US ON TELEGRAMFollow our coverage of the war on the @Kyivpost_official. While the discussion remains confidential, “both SAIL and NMDC are exploring sourcing of raw materials and are in talks with Russia,” one of Reuters’ sources said. Reportedly, SAIL has set up “an internal panel” to study options for sourcing more coal and other inputs from Russia, while NMDC continues to evaluate overseas coking coal projects as a part of its broader strategy. India, Russia discuss steel and nickel industry Although India is the world’s second-largest producer of crude steel after China, it relies heavily on imported coking coal. More than half of its needs are being drawn from Australia, the United States and Russia.In January, the Indian government classified coking coal as a critical strategic mineral, underscoring concerns about import dependence and the need for stable supply lines. According to a different report from Reuters, India’s steel secretary met Russia’s deputy minister of industry and trade, April 16, to discuss possible raw material sourcing and cooperation in the steel sector, as well as other technological and equipment collaborations.
India Turns to Russian Coking Coal, Nickel as It Ramps Up Steel and Electric Vehicle Plans
India’s state-owned miners are exploring Russian coking coal assets and nickel imports as New Delhi moves to secure critical raw materials for steel production and electric vehicles.













