Midroc Investment Group, AASTU ink a collaborative MoU for R&D schemes

Addis Ababa (March 2022) – Midroc Investment Group-Mining Cluster (MIG-Mining Cluster) and the Addis Ababa Science and Technology University (AASTU) have inked a Memorandum of Understanding (MoU) for collaborative R&D schemes.
Signing the MoU, the two parties agreed to collaborate on research and development, University-Industry internship and externship programs, co-cooperation in teaching and capacity building.
As stipulated in the MoU, AASTU, upon the request of MIG-Mining Cluster, is expected to assign its qualified professionals or academicians who will participate and render advisory professional services on part-time bases for the required tasks.
Five priority areas are also identified for cooperation. These are: Mineral exploration and development, Mineral Processing Technology and implementations, Environmental impact studies and mitigations, Mining technology and Laboratory Service and Geo-information exchange.
Besides, the MoU states that all expenses and varied costs with regard to the agreement shall be covered with mutual consent of both parties based on the details of the programs and negotiations between them. They also agreed to share expenses of implementation of particular projects of their respective interests.
As to the commencement and duration of the cooperation, the two parties clinched their deal that it would commence on the date of the MoU signing and shall remain in effect for a period of five years and subject to annual reviews, at which both parties shall by mutual agreement determine the terms and conditions of the possibility of the extension of the MOU.

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