GMDC is set to enter the Rare Earth Elements (REE) sector

 

  • GMDC is set to enter the Rare Earth Elements (REE) sector
  • Mining and Beneficiation at Ambadungar: 
  • Developing one of the world’s largest rare earth deposits at Ambadungar in Gujarat’s Chota Udepur district. 
  • This project includes an open-pit mine, processing plants, a tailings storage facility, and infrastructure for water and power supplies. 
  • Also setting up workshops, offices, and modern residential facilities for workforce. 
  • The Ambadungar deposits, rich in light rare earth elements (LREEs), will be processed to produce a mixed rare earth concentrate through stages of crushing, milling, conditioning, and flotation  
  •   Separation and Integrated Downstream Manufacturing at Bharuch: 
  • The concentrate from Ambadungar will be transported to the REE Hub in Bharuch, India's first and one of the world’s finest facilities of its kind. Here, rare earth oxides like Neodymium, Praseodymium, Lanthanum, and Cerium will be converted into metals for manufacturing products such as catalysts and rare earth magnets, which are essential for the transition to clean energy and advanced mobility solutions.   
  •   Development of Limestone Assets in Kutch Region: GMDC holds limestone reserves at the Lakhpat mine in Kutch. These reserves are crucial for supporting Gujarat’s infrastructural growth and key industries. In Q2 FY2023, we issued an Expression of Interest for limestone offtake, receiving strong interest from cement manufacturers. We aim to finalise supply agreements by FY2025 to ensure efficient utilisation of our resources.  

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