Oil India and IREL ink MoU to jointly develop critical minerals, boosting India’s self-reliance in strategic mineral resources.

• OIL diversifies beyond oil and gas, entering the critical minerals sector amid rising global demand and strategic needs.
• IREL brings expertise in rare earth extraction, aiding the mission for domestic mineral security and tech advancement.
• The MoU supports India's Critical Mineral Mission, enhancing energy security and reducing import dependency.