KABIL & CSIR-IMMT Sign Critical Minerals MoU | 12 Apr 2024

Source: PIB

  • Khanij Bidesh India Limited (KABIL) and the Council of Scientific and Industrial Research - Institute of Minerals and Materials Technology (CSIR-IMMT) signed a Memorandum of Understanding (MoU) for Technical & Knowledge cooperation in Critical Minerals.
  • The agreement facilitates joint research activities and scientific information exchange between KABIL and CSIR-IMMT.
  • KABIL is a joint venture company formed in 2019 by National Aluminium Company Ltd. (NALCO), Hindustan Copper Ltd. (HCL), and Mineral Exploration Company Ltd. (MECL).
    • The company's goal is to identify, acquire, develop, process, and use strategic minerals from overseas locations to supply India.
  • CSIR-IMMT was established in 1964 as Regional Research Laboratory, Bhubaneswar, under the aegis of the CSIR, New Delhi.
    • The institute conducts basic research and technology programs to address R&D problems in the mining, mineral, and metals industries.
    • Its main thrust is to empower Indian industries with advanced process know-how and consultancy services for sustainable development.

Read more: Critical Minerals' Conundrum