Ghana invites Singareni to invest in mineral mining sector

Hyderabad: The Republic of Ghana has invited Singareni Collieries Company Limited (SCCL) to invest in its mineral-rich mining sector, signaling a potential international expansion for the state-owned coal major.

A high-level Ghanaian delegation met SCCL Chairman and Managing Director N. Balram at Singareni Bhavan in Hyderabad on Saturday. The visiting team highlighted Ghana’s strong mineral reserves, including gold, diamonds, bauxite, manganese, and lithium, and expressed interest in collaborating with Singareni to scale up production.

The delegation noted that coal mining exists in Ghana and requested Singareni’s expertise in developing that segment. They invited the company to consider investment opportunities and promised full cooperation from their government.

Singareni eyes African entry with Ghana proposal

CMD N. Balram welcomed the proposal and confirmed that Singareni has already initiated plans to expand globally. He said the company is exploring prospects in critical minerals and will evaluate Ghana’s offer seriously.

“We have identified international expansion as a strategic priority. A team will be deputed to Ghana for further discussions,” he said. The move could mark Singareni’s first operational footprint on the African continent.

The Ghanaian delegation also informed that their technical team would soon meet with the Indian government. They requested a follow-up meeting with Singareni and proposed setting up a roadmap for joint exploration and mining initiatives.