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Staff Reporter
YAZALI, Jan 2: In a major boost to India’s critical minerals roadmap, Oil India Limited (OIL) today signed the Deed of Agreement for the Composite Licence of the Phop Graphite & Vanadium Block located in Yazali Circle of Keyi Panyor district, Arunachal Pradesh. The development marks a significant step towards strengthening national resource security and strategic mineral self-reliance.
The agreement was executed in the presence of A. K. Singh, Secretary (Geology & Mines), Government of Arunachal Pradesh, Raghunath Mishra, Chief General Manager, OIL, and Tana Tage, Director (CESHS), along with senior officials from the Directorate of Geology & Mines (DGM), OIL, and CESHS.
Under the collaboration, CESHS will participate as a local partner and stakeholder with a 10% partnership interest alongside OIL. Leveraging its strong local presence and deep understanding of the region, CESHS will play a crucial role in preliminary and exploratory survey activities, as well as in liaisoning with local communities and authorities to ensure smooth execution of exploration operations.
The partnership combines OIL’s technical expertise and extensive experience in resource exploration with CESHS’s on-ground engagement capabilities, a synergy expected to enhance operational efficiency, strengthen stakeholder coordination, and promote responsible and sustainable mineral development in the region, stated a press release.