CIL and IREL Partner for Critical Minerals Developments

Current Context: The signing of the Memorandum of Understanding (MoU) between Coal India Limited (CIL) and IREL (India) Limited took place in Kolkata on January 6, 2025.

• This MoU signifies a strategic partnership aimed at enhancing the development and production of critical minerals like lithium and cobalt within India.
• By collaborating, CIL and IREL aim to reduce India's dependency on imports for these essential resources, which are crucial for various industries, including electronics, renewable energy, and electric vehicles.
• The partnership focuses on acquiring assets, sourcing raw materials, and developing mining, extraction, and refining capabilities.

Question:

1 Where was the MoU between Coal India Limited (CIL) and IREL (India) Limited signed?

• A) Mumbai
• B) New Delhi
• C) Kolkata
• D) Bengaluru

Answer: C) The signing of the Memorandum of Understanding (MoU) between Coal India Limited (CIL) and IREL (India) Limited took place in Kolkata on January 6, 2025.