KABIL, CSIR-IMMT sign MoU for technical & knowledge cooperation for critical minerals 
News Updates

KABIL, CSIR-IMMT sign MoU for technical & knowledge cooperation for critical minerals

PSU Watch Bureau

New Delghi: Khanij Bidesh India Limited (KABIL) has signed a memorandum of understanding (MoU) with the Council of Scientific and Industrial Research - Institute of Minerals and Materials Technology (CSIR-IMMT) for technical and knowledge cooperation for critical minerals. The MoU has been signed by Sadashiv Samantaray, Director (Commercial), NALCO & CEO, KABIL and Dr Ramanuj Narayan, Director, CSIR-IMMT, in the presence of Sridhar Patra, CMD, NALCO & Chairman, KABIL, at NALCO Corporate Office in Bhubaneswar on Wednesday.

PSU Watch is now on Whatsapp Channels. Click here to join

Under the MoU, KABIL will leverage the technical expertise and services of CSIR-IMMT to undertake various projects, including the design and analysis of metallurgical test work-plans, development and review of process flowsheets, and the selection of process technologies for mineral processing, beneficiation, and metal extraction. Furthermore, the agreement will also embark on joint research and facilitate the exchange of scientific information between the two entities.

Expressing his happiness at being associated with CSIR-IMMT, Shri Sridhar Patra, CMD, NALCO & Chairman, KABIL, said that this collaboration will foster a thriving environment needed for exploration of critical minerals. Advancing scientific research and technology development in the mineral and metallurgical sectors are essential to the growth and sustainability of the Indian mining industry and ultimately will play a pivotal role in meeting mineral security of the nation as well as domestic requirements, he said.

KABIL is a JV company of three Indian public sector undertakings - National Aluminium Company Limited (NALCO), Hindustan Copper Limited (HCL) and Mineral Exploration and Consultancy Limited (MECL), under the aegis of Ministry of Mines, Government of India. Mandate of KABIL is to identify, explore, acquire, develop, mine, process and procure critical and strategic minerals to ensure supply side assurance and mineral security of the nation for meeting domestic requirements and give a big push to Make in India initiative.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

MSDE partners with Swiggy to provide skilling, employment opportunities within its network

Air India posts 60% fall in losses at Rs 4,444 crore in FY'24: Tata Group

NTPC Talcher Kaniha bags '2024 Energy Management Insight Award'

NSE launches two sets of sculptures showing a bull and Indian family

Tata Power awards contracts worth Rs 11,481 crore to local suppliers