Hindustan Copper signs MoU with MOIL to create business synergy
Kolkata, April 23: State-run Hindustan Copper Ltd (HCL) on Monday said it has signed an MoU with Manganese Ore (India) Ltd (MOIL), to create long term business synergy for both the Central Public Sector Enterprises.
The agreement was inked by HCL's Chairman and Managing Director Santosh Sharma and MOIL's chief Mukund Chaudhary.
According to a statement, the MoU was signed on Sunday at Malanjkhand Copper Project located at Madhya Pradesh's Balaghat district and in terms of the agreement, the MOIL will procure its entire requirement of silica sand, used for backfilling of its mines, from HCL's unit.
High grade silica sand is an outcome of the beneficiation of copper ore tails, a waste generated during copper beneficiation process at Malanjkhand Copper Project.
"A copper ore tailing (COT) beneficiation plant is going to be commissioned at Malanjkhand by HCL which is expected to generate high grade silica sand to the tune of 5,500 tonnes per day. This sand will be suitable for road making, construction of building, etc. and is also likely to be used in glass industries after further refining," the statement said.
This project is in sync with promoting business synergy among the Public Sector Enterprises as advised by Prime Minister Narendra Modi.
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PM Modi speaks to Iranian president, discusses 'serious' situation in West Asia
New Delhi (PTI): Prime Minister Narendra Modi on Thursday night spoke to Iranian President Masoud Pezeshkian over the phone and discussed the "serious situation" in West Asia.
Modi expressed deep concern over the escalation of tensions in the region and the loss of civilian lives as well as damage to civilian infrastructure.
The prime minister told the Iranian President that the safety and security of Indian nationals, along with the need for unhindered transit of goods and energy, remain India's top priorities.
“Had a conversation with Iranian President, Dr Masoud Pezeshkian, to discuss the serious situation in the region. Expressed deep concern over the escalation of tensions and the loss of civilian lives as well as damage to civilian infrastructure,” Modi said in a post on X.
The prime minister also reiterated India's commitment to peace and stability and urged dialogue and diplomacy to end the crisis.
The prime minister had spoken to leaders of several West Asian countries in the last 10 days in the wake of the coordinated offensive launched against Iran by the United States and Israel, in which the Islamic country's Supreme Leader, Ali Khamenei, was killed last month.
In retaliation, Iran has fired drones and missiles at Israel and US military installations around the Gulf region, including the global business and aviation hubs of Dubai and Doha.
Modi earlier spoke to the leaders of Oman, Kuwait, Bahrain, Saudi Arabia, the UAE, Jordan, Israel and Qatar, and expressed concern over the attacks on their countries, and condemned the violation of some nation’s sovereignty and territorial integrity.
He also discussed the welfare and security of the Indian community residing in those countries.
Around 1 crore Indians live in the Gulf and West Asia. While about 10,000 Indian citizens live, study and work in Iran, more than 40,000 live in Israel.
