Current Affairs - Business - Discussion

Oil India Limited and Hindustan Copper Limited entered into a Memorandum of Understanding (MoU) to work together on the exploration of critical minerals. This collaboration particularly focuses on copper and its associated minerals, which are crucial for industrial growth and energy transition. The agreement also aligns with the objectives of the National Critical Mineral Mission, which is aimed at strengthening India’s mineral security. By engaging in this strategic partnership, Hindustan Copper and Oil India seek to ensure access to essential mineral resources, thereby supporting economic growth and technological advancement in the country.