Hindustan Copper, Coal India ink pact for collaboration.

Hindustan Copper Ltd (HCL) and Coal India Limited (CIL) officially signed a Memorandum of Understanding (MoU) on June 30, 2025. The core objective of this non-binding agreement is to collaboratively identify and assess potential opportunities within the copper and critical minerals sectors.

The MoU also outlines the exploration of partnerships with established global companies specializing in these crucial mineral industries. While the agreement signifies a mutual intent to explore these avenues, it's important to note that the MoU itself does not constitute a legally binding relationship between HCL and CIL, as per the conditions set out within the document. This collaboration signals a strategic move by both public sector undertakings to potentially diversify into new mineral resources vital for India's industrial growth.