HCL, Oil sign MoU to boost critical mineral development

HCL, Oil sign MoU to boost critical mineral development

Oil India Limited (OIL) and Hindustan Copper Limited (HCL) have signed a Memorandum of Understanding (MoU) to collaborate on exploration and development of critical and strategic minerals, including copper, the Press Information Bureau (PIB) reported on Friday. The partnership is aimed at reducing import reliance and strengthening India’s long-term mineral security. The agreement, signed in…

Read More
Union Cabinet approves Rs 1,500 crore incentive scheme to promote critical mineral recycling in country

Union Cabinet approves Rs 1,500 crore incentive scheme to promote critical mineral recycling in country

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a Rs 1,500 crore Incentive Scheme to develop recycling capacity in the country for the separation and production of critical minerals from secondary sources. This scheme is part of the National Critical Mineral Mission (NCMM), which is aimed at building the domestic capacity…

Read More