Gujarat Mineral Development Corporation Limited (GMDCLTD) — Announcement | 2 June 2026

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📢 Key Event
GMDC partners with Cambridge to launch India's first AI-powered Rare Earth Observatory

🔄 What Changed
Establishment of dedicated Rare Earth Observatory with £600,000 investment

🔮 What's Next
Two-year phased programme

💡 Investor Takeaway
This builds GMDC's strategic capabilities in critical minerals, positioning it for growth in India's expanding EV and renewable energy markets.

GMDC announced a strategic partnership with the University of Cambridge to establish India's first AI-powered Rare Earth Supply Chain Observatory, investing £600,000 over two years to build real-time intelligence on critical mineral supply chains. The initiative supports India's REMP growth driven by EVs and renewables, aligning with national strategic priorities for supply chain resilience and Atmanirbhar Bharat.

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About Gujarat Mineral Development Corporation Limited (GMDCLTD)

Metals & Mining · Minerals & Mining · Listed on NSE

Market Cap: ₹20,752.68 Cr P/E: 31.1

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