Oil India, HCL Join Forces to Boost India’s Mineral Security

22 Sep 2025 CW Team

In a key step towards enhancing India’s self-reliance in strategic minerals, Oil India Limited and Hindustan Copper Limited (HCL) signed a Memorandum of Understanding (MoU) on 19 September 2025. The agreement focuses on co-operation in the exploration and development of critical minerals, including copper and associated minerals.

Hindustan Copper Limited, a Miniratna PSU under the Ministry of Mines, engages in mining, production, processing, and marketing of copper and related products. Its current operations prioritise mining and beneficiation of copper ore and the sale of copper concentrate.

Oil India, a Maharatna PSU under the Ministry of Petroleum & Natural Gas, is a leading integrated oil and gas company with expertise in exploration, development, production, and transportation of crude oil and natural gas. Recognising the strategic importance of critical minerals, Oil India has diversified its portfolio to include this sector alongside its core energy operations.

The MoU was signed in the presence of Mr Sanjiv Kumar Singh, Chairman and Managing Director of HCL, and Dr Ranjit Rath, Chairman and Managing Director of Oil India, along with senior officials from both organisations.

This collaboration marks a significant milestone in India’s pursuit of mineral security. In alignment with the National Critical Mineral Mission, the partnership aims to secure strategic mineral resources vital for energy security, industrial growth, and technological advancement in the country.

Resources

13 May 2026

Anant Raj Appoints Anish Sarin as Director

Anant Raj has appointed Anish Sarin as Director on its Board, marking a key step in the company’s leadership transition and long-term growth strategy. The announcement was made during the company’s Q4 and FY26 results declaration, reflecting the induction of next-generation leadership as the company expands across real estate, cloud infrastructure and data centre businesses. Anish Sarin, grandson of veteran industrialist Ashok Sarin, represents the emerging leadership at Anant Raj. Educated at Regent’s University London, he brings a global business outlook along with a strong focus on t..

Vedanta eyes AI-led value growth

Vedanta Group expects to unlock USD 300–400 million in additional value over the next three years through large-scale deployment of AI-led industrial technologies across its businesses. The group said its V-Spark DeepTech Ventures platform has already delivered nearly four times return on investment since inception.Vedanta is scaling AI, predictive analytics, Industrial Internet of Things, digital twins, machine learning, automation and connected manufacturing technologies across its metals, mining, energy and industrial operations. These deployments are aimed at improving productivity, lowe..

Hindustan Zinc inks pact with Group Nirmal

Hindustan Zinc has signed an MoU with Group Nirmal to set up a zinc wire manufacturing facility at its Zinc Industrial Park in Khankhala, Bhilwara district, Rajasthan. The partnership will expand downstream manufacturing activity and support value-added zinc applications in India.Under the agreement, Group Nirmal will manufacture zinc wire products using Hindustan Zinc’s Special High Grade zinc. The products will cater to infrastructure, renewable energy, automotive and industrial engineering sectors.Zinc wire is used in thermal spray coating and metallising processes to protect steel struct..