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16May 2024

“CIL, NMDC, OVL TO SEEK CRITICAL MINERAL ASSETS OVERSEAS”

Why in the news? The Indian government has directed public sector companies Coal India, NMDC, and ONGC Videsh Ltd. (OVL) to actively scout for critical mineral assets abroad. Coal India is pursuing lithium blocks in Chile, while NMDC is looking at gold and lithium mines in Australia. source:Resarchgate About Critical Minerals: Critical minerals are essential …

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