Bhubaneswar, March 30 -- Oil India Limited has signed a Memorandum of Understanding (MoU) with CSIR-Institute of Minerals and Materials Technology (CSIR-IMMT) to undertake mineral processing and beneficiation studies for two recently acquired critical mineral blocks.

CSIR-IMMT, based in Bhubaneswar, has been designated as the largest Centre of Excellence for critical minerals under the National Critical Mineral Mission (NCMM) by the Ministry of Mines. The collaboration aligns with the national vision of Atmanirbhar Bharat and Viksit Bharat.

With this agreement, Oil India becomes the first "Industry Spoke" of CSIR-IMMT from the Ministry of Petroleum and Natural Gas, marking a significant step in cross-sectoral cooperation.

The MoU was sig...