OIL, OVL & KABIL sign MoU with IRH, UAE for Global cooperation in Critical Mineral supply chain
A Memorandum of Understanding (MoU) was signed between Indian entities comprising of Oil India Limited, OVL & KABIL and International Resources Holding RSC Ltd. (IRH), UAE on 10th September 2024 for global cooperation in Critical Mineral supply chain primarily with the objective of collaboration, identification, acquisition, and development of Critical Mineral projects on a global scale, including India.
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The Parties intend to leverage their respective expertise, resources, and networks to pursue opportunities that are mutually beneficial and to achieve operational excellence and secure a stable supply of critical energy minerals.
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