RITES & HCL Forge Path to Mineral Independence with Landmark MoU

RITES Ltd, a premier transport infrastructure consultancy, and Hindustan Copper Limited (HCL), a leading public sector mining company, have signed a Memorandum of Understanding (MoU) to jointly develop a robust and resilient supply chain for critical minerals in India. This partnership comes at a pivotal time as the nation accelerates its clean energy and manufacturing ambitions, which are heavily dependent on secure access to essential minerals.

 

Key Highlights:

By fostering public-private collaboration, the alliance seeks to accelerate capacity building, promote innovation in sustainable mining, and ensure environmental and social governance standards.

 

The move supports India’s broader goals under the Atmanirbhar Bharat mission and positions the country to play a leading role in the global critical minerals market.

 

Source: RITES Ltd Corporate Announcement, Drishti IAS, Ministry of Mines