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India Declares Coking Coal a Critical Mineral to Boost Steel Independence

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Business 30 Jan 2026 03:12 PM IST Economic Times

 In a strategic move to reduce its heavy reliance on imported raw materials for steel production, India has officially classified coking coal as a “critical and strategic mineral.” This designation is part of the government’s broader effort to strengthen domestic manufacturing and energy security.

Coking coal, essential for producing steel in blast furnaces, is now recognized as a vital resource amid growing demand and global supply risks. India, the world’s second-largest steel producer, imports over 85% of its coking coal requirements, primarily from Australia, Indonesia, and the U.S.

By labeling it critical, India aims to encourage exploration, attract investments, and accelerate domestic mining projects. The move aligns with the government’s vision of “Aatmanirbhar Bharat” (self-reliant India) and supports the country’s National Steel Policy goals.

The Ministry of Mines added coking coal to the list of 30 critical minerals, enabling streamlined regulation, faster clearances, and strategic planning. Industry leaders have welcomed the decision, seeing it as a major step toward reducing import costs, stabilizing supply chains, and enhancing India’s competitiveness in the global steel market.