SAIL and NMDC are negotiating with Russia to acquire coking coal and nickel supplies for India's steel and EV industries.

SAIL and NMDC are negotiating with Russia to acquire coking coal and nickel supplies for India's steel and EV industries.

India aims to boost nickel imports from Russia while exploring coking coal acquisitions to enhance its electric vehicle supply chain. | Business News

Indian state steelmakers SAIL and NMDC held talks in Russia last month to acquire coking coal assets, as India imports 95% of its supply.

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…