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Harika Enjamuri

7th Jun 2025 · SEBI-Registered Analyst

RITES & HCL Partner to Secure India’s Critical Mineral Future

In a strategic move to strengthen India’s control over critical mineral resources,

RITES
and
HINDCOPPER
have signed an MoU to jointly develop a reliable and sustainable supply chain, both within India and overseas. The partnership, signed in New Delhi in the presence of Union Minister G.K. Reddy, will focus on exploring, mining, refining, and producing key minerals vital for India’s clean energy, electronics, and defence goals. By combining RITES’ expertise in logistics, project planning, and transport infrastructure with HCL’s mining capabilities, the collaboration aims to fast-track participation in mineral block auctions and set up integrated mining infrastructure. This alliance reflects a focused push toward mineral security and reducing import dependency. Follow me for more such posts, Thank You! Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.

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