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- India and Mongolia will sign an agreement in the field of geology and exploration.
- India will sign a preliminary agreement with Mongolia in the area of geology and exploration.
- Mongolia is rich in copper and coking coal and India is dependent on imports to meet the rising demand of Copper.
- India’s cabinet has approved the MoU between both countries.
- Indian and Mongolian officials are working out supply routes for Indian companies to source copper and coking coal.
- India’s JSW Steel and SAIL were in talks with Mongolian authorities to import two shipments of coking coal.
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