Hindustan Copper Ltd and Rites Limited Sign MoU for Secure Supply Chain of Metals and Minerals

Hindustan Copper Limited and Rites Limited have executed a Memorandum of Understanding (MoU) on 06.06.2025 to establish a reliable and sustainable supply chain for metals and minerals, including critical minerals. The primary objective of this MoU is to jointly participate in copper, critical minerals block auctions, develop and operationalise blocks for exploration and mining, and transportation while sharing associated risks. Financial arrangements will be determined on a case-to-case basis for various projects. This MoU does not create a binding relationship between the parties as per the conditions set out in the MoU.