GMDC and NMDC Sign MoU for Rare Earth Elements Collaboration
Filing Summary
Gujarat Mineral Development Corporation Ltd. (GMDC) has signed a Memorandum of Understanding (MoU) with NMDC Limited to explore strategic collaboration in the Rare Earth Elements (REE) sector. The agreement focuses on developing an integrated rare earth value chain in Gujarat, including exploration and processing. The collaboration will assess opportunities related to GMDC’s Ambadungar Rare Earth deposit. Both entities will evaluate technical collaboration and project development. This initiative aligns with national priorities to enhance domestic capabilities in critical minerals and reduce import dependence.
On 16th March 2026, Gujarat Mineral Development Corporation Ltd. (GMDC) entered into a Memorandum of Understanding (MoU) with NMDC Limited to explore strategic collaboration in the Rare Earth Elements (REE) sector. The agreement aims to assess the potential development of an integrated rare earth value chain in Gujarat, focusing on exploration, mining, beneficiation, processing, and downstream applications.
The collaboration will primarily explore opportunities associated with GMDC’s Ambadungar Rare Earth deposit. Both organizations will work together to evaluate opportunities for technical collaboration, project development, and potential business structures. The partnership is expected to facilitate knowledge exchange and technical evaluation to advance rare earth resource development.
This initiative is part of GMDC’s broader rare earth development roadmap for the Ambadungar deposit. The corporation has been progressively advancing in resource utilization, indigenous processing capabilities, and pilot-stage technology validation initiatives. The collaboration aligns with national priorities to strengthen domestic capabilities in critical minerals and reduce import dependence.
NMDC Limited is a Government of India Navratna Public Sector Undertaking (PSU) focused on mineral exploration and production. The company plays a significant role in the Indian mining sector, with a focus on iron ore production and exploration of other minerals.
Gujarat Mineral Development Corporation Ltd. is a leading state-owned mining enterprise and a Public Sector Undertaking of the Government of Gujarat. The corporation operates five lignite mines across Kutch, South Gujarat, and the Bhavnagar region, supporting critical energy and industrial requirements. GMDC is recognized as the largest merchant seller of lignite in India, with a strong track record of responsible mining and resource development.