New Delhi: GAIL (India) Limited has signed a strategic Memorandum of Understanding (MoU) with Hindustan Copper Limited (HCL) to jointly explore and develop critical mineral resources in India and abroad. The MoU was signed on August 6, 2025, marking a significant step toward enhancing the nation’s resource security.
The agreement was formalized by Sanjay Agarwal, Executive Director (Business Development & E&P) at GAIL, in the presence of R.K. Singhal, Director (Business Development), GAIL, and Sanjeev K Singh, Chairman and Managing Director, HCL. Senior officials from both PSUs were also present.
Strategic Focus on Critical Minerals
The partnership aims to identify and develop critical mineral assets, which are essential for India’s industrial, energy, and technological needs. This includes securing key resources both domestically and internationally, aligning with India’s long-term strategic vision for resource independence.
The collaboration is also expected to boost India’s standing in the global critical minerals market, supporting domestic supply chains and contributing to the country’s clean energy and digital infrastructure ambitions.
About GAIL
GAIL (India) Limited is India’s leading natural gas company, operating in various segments such as transmission, marketing, petrochemicals, and E&P. As a Maharatna PSU under the Ministry of Petroleum and Natural Gas, GAIL plays a key role in energy security and infrastructure development.
About HCL
Hindustan Copper Limited (HCL), a Miniratna CPSE under the Ministry of Mines, is the only vertically integrated copper producer in India. HCL is instrumental in mining, beneficiation, smelting, refining, and casting of refined copper metal, supporting India’s mineral self-sufficiency.
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