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Business EconomyPosted at: Apr 10 2024 7:32PM


KABIL signs MoU with CSIR-IMMT on technical, knowledge cooperation for critical minerals

Bhubaneswar, April 10 (UNI) 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 in critical minerals.
The MoU was signed by Director (Commercial), NALCO Sadashiv Samantaray, and Dr. Ramanuj Narayan, Director, CSIR-IMMT, in the presence of NALCO CMD, Sridhar Patra, and Chairman, KABIL, at the NALCO Corporate Office here on Wednesday.
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, the 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 NALCO CMD and Chairman, KABIL, Sridhar Patra, said that this collaboration will foster a thriving environment needed for the exploration of critical minerals.
Advancing scientific research and technology development in the mineral and metallurgical sectors is essential to the growth and sustainability of the Indian mining industry and ultimately will play a pivotal role in meeting the mineral security of the nation as well as domestic requirements, he said.
It is worth mentioning that KABIL is a joint venture 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 the Ministry of Mines, Government of India.
The 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 to give a big push to the Make in India initiative.
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