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