TEXMiN–GIREDMET Ink Pact on Rare Earths

February 25, 2026
Current Context: The TEXMiN Foundation–GIREDMET MoU was signed on
 23–24 February 2026 during the Industry-Institute Interaction Conclave at IIT (ISM) Dhanbad.
TEXMiN–GIREDMET Ink Pact on Rare Earths
  • TEXMiN Foundation, a technology translation research park under DST at IIT (ISM), partnered with GIREDMET JSC, Russia’s State Research & Design Institute of Rare Metal Industry under Rosatom.
  • The agreement aims to foster collaboration in rare earth and critical mineral technologies.
  • It covers the entire mining value chain, including exploration, beneficiation, extraction, refining, and advanced materials.
  • Key focus areas include permanent magnets, high-purity metals, lithium-ion battery recycling, and AI-enabled smart mineral processing.
  • The MoU strengthens India–Russia cooperation in strategic minerals, supporting India’s self-reliance in clean energy, electronics, and defense.

Question:

Q.1 GIREDMET Joint Stock Company (JSC) is the State Research and Design Institute of Rare Metal Industry of which country?
a) United States of America
b) Japan
c) France
d) Russia

Answer: d) GIREDMET JSC is Russia’s State Research and Design Institute of Rare Metal Industry, making this agreement part of India–Russia strategic cooperation.

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