GMDC Inks MoU with NMDC to Explore Rare Earth Value Chain in Gujarat
March 16, 2026
Ahmedabad: Gujarat Mineral Development Corporation Ltd. (GMDC), a Government of Gujarat enterprise, has entered into a Memorandum of Understanding (MoU) with NMDC Limited, a Government of India Navratna PSU, to explore opportunities for collaboration in the Rare Earth Elements (REE) sector.
The collaboration will focus on assessing the potential development of an integrated rare earth value chain in Gujarat, including exploration, mining, beneficiation, processing, and downstream applications. The engagement will primarily explore opportunities associated with GMDC’s Ambadungar rare earth deposit, a strategic initiative aimed at strengthening India’s capabilities in the rare earth sector, the company said in a press release.
Under the MoU, both organisations will work together to evaluate opportunities for technical collaboration, project development, and potential business structures. The partnership is also expected to facilitate knowledge exchange, technical evaluation, and coordinated efforts towards advancing rare earth resource development.
This collaboration forms part of GMDC’s broader rare earth development roadmap for the Ambadungar deposit, where the Corporation has been progressively advancing in resource utilisation, indigenous processing capabilities, and pilot-stage technology validation initiatives.
The initiative aligns with national priorities of strengthening domestic capabilities in critical minerals and reducing import dependence, while enabling the development of downstream industries linked to clean energy technologies, advanced manufacturing, and strategic sectors.
Commenting on this significant milestone, Roopwant Singh, IAS, Managing Director, GMDC, said,“The collaboration with NMDC brings together complementary institutional strengths and technical expertise to explore opportunities in the rare earth sector. Through this initiative, GMDC aims to advance the development of a sustainable rare earth value chain while contributing to India’s critical mineral resilience and industrial progress.” DeshGujarat
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