Oil India Limited — Updates, 07-08-2025: Press Release

Oil India has diversified its business portfolio, strategically entering the critical minerals sector. The company has signed a Memorandum of Understanding with IREL (India) Limited to collaborate on developing rare earth and other crucial minerals. This partnership is a significant step towards enhancing India's self-reliance in sourcing these essential resources. For Oil India, traditionally an oil and gas player, this expansion represents a key move towards future growth, contributing to national energy security and technological advancement, in line with India's National Critical Mineral Mission.