OMC signs MoU for Critical Minerals

Bhubaneswar: Aligning with National Critical Mineral Mission (NCCM), launched by the Government of India, to ensure and secure sustainable supply of Critical Mineral (CMs) – Odisha Mining Corporation Ltd. (OMC) and the Atomic Minerals Directorate for Exploration and Research (AMD), Hyderabad, under the Department of Atomic Energy, Government of India, have signed a Memorandum of Understanding (MoU) for mutual collaboration in the fields of research, exchange of scientific and technical information, sharing of experience and expertise, and exploration of critical minerals within OMC's mining leases and other areas in the State of Odisha.

The partnership aims to promote the adoption of modern exploration technologies, scientific studies, knowledge sharing, capacity building and joint research initiatives to accelerate the discovery and development of critical and strategic minerals in the State. This collaboration marks a significant step towards positioning Odisha as a leading hub for critical minerals and high-technology industries, while supporting India's vision of self-reliance in critical mineral resources.

The partnership underscores OMC's commitment to technology-driven exploration, responsible mining, and the development of future-ready mineral resources to strengthen Odisha's position as a leader in the critical minerals sector.

Odisha Mining Corporation Limited (OMC) – a wholly-owned Corporation of the Govt. of Odisha – stands as one of the largest mining companies in India. The major minerals mined by OMC are chrome, iron, bauxite, Manganese, Limestone ore which cater to the requirement of mineral-based industries such as steel, aluminium, sponge iron, pig iron, ferro-manganese, ferro-chrome, etc.