Hindustan Copper and GAIL Unite for Global Hunt of Critical Minerals to Power India’s Green Future – EQ
In Short : Hindustan Copper and GAIL are set to sign an MoU to jointly explore critical mineral assets in India and abroad. The partnership aims to secure essential resources like copper and rare earths vital for energy transition technologies. By combining expertise, the collaboration supports India’s push for resource security and strengthens its global presence in strategic minerals.
In Detail : Hindustan Copper Limited and GAIL India are preparing to sign a Memorandum of Understanding to collaborate on the exploration and development of critical mineral assets. This strategic partnership will focus on both domestic and international opportunities to secure essential raw materials needed for India’s energy and industrial growth.
The collaboration marks a significant step in India’s broader efforts to reduce dependency on imports for minerals crucial to clean energy technologies. These include copper, rare earth elements, and other strategic resources vital for manufacturing electric vehicles, batteries, and renewable energy infrastructure.
Both companies bring complementary strengths to the table. Hindustan Copper, with its deep experience in mining and mineral processing, will provide technical know-how in exploration and asset development. GAIL, as a leading energy company, adds financial muscle and international outreach to expand project scope.
The proposed partnership reflects the Indian government’s growing emphasis on securing long-term access to critical minerals as part of its Atmanirbhar Bharat mission. It also aligns with global supply chain realignments where countries are increasingly seeking reliable and diversified sources of strategic materials.
In addition to domestic exploration, the MoU envisions potential joint ventures in mineral-rich regions abroad. This could include countries in Africa, Latin America, or Central Asia where India has been deepening diplomatic and trade relations to access untapped resources.
As global demand for critical minerals accelerates, the Hindustan Copper-GAIL collaboration is seen as a proactive move to ensure India remains competitive in the energy transition era. The partnership will also contribute to building a resilient and secure supply chain for the country’s clean technology industries.
