NMDC has executed a Non-binding Memorandum of Understanding (MoU) with Gujarat Mineral Development Corporation (GMDC), a Government of Gujarat Enterprise to explore collaboration in Rare Earth Elements (REE) and associated minerals. The MoU aims to strengthen cooperation towards securing India’s critical mineral supply chain and developing an integrated rare earth value chain in India covering exploration, mining, processing, separation and downstream manufacturing.
NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.
