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New Delhi, October 15 (APAC Media): Odisha Mining Corporation Ltd. (OMC) has signed a Memorandum of Understanding (MoU) with the Atomic Minerals Directorate for Exploration and Research (AMD), Hyderabad, to collaborate on the exploration and development of critical minerals across Odisha.
The partnership aims to strengthen domestic supplies of critical minerals and support India’s self-reliance in strategic mineral resources, in line with the Government of India’s National Critical Mineral Mission (NCMM).
Focus on Scientific Exploration and Research
Under the agreement, OMC and AMD will collaborate on scientific studies, joint research, exchange of technical information and sharing of expertise. The partnership will also focus on adopting advanced exploration technologies and identifying critical and strategic mineral resources within OMC’s mining lease areas and other locations across Odisha.
The collaboration is expected to combine OMC’s mining experience with AMD’s expertise in mineral exploration and research to strengthen the identification and development of mineral resources.
Supporting India’s Critical Mineral Mission
Launched in January 2025, the National Critical Mineral Mission aims to secure a sustainable supply of minerals essential for clean energy technologies, advanced manufacturing and strategic industries. The mission also seeks to reduce import dependence and strengthen domestic mineral value chains.
The OMC-AMD partnership aligns with these objectives by promoting research and exploration to support India’s long-term mineral security.
OMC Records Record Mineral Production in FY26
OMC reported its highest-ever mineral production of 44.82 million tonnes in FY 2025-26, including 40.02 million tonnes of iron ore, 1.69 million tonnes of chrome ore and 2.83 million tonnes of bauxite. The corporation also recorded revenue of ₹25,300 crore during the financial year.
The agreement is expected to support further exploration of Odisha’s mineral resources and contribute to the development of domestic supply chains for critical minerals.
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