GMDC: Strategic Expansion Beyond Lignite

 

  •  GMDC:  Strategic Expansion Beyond Lignite
  •  In line with vision to mitigate business risks and diversify portfolio, GMDC is committed to strengthening its capabilities in nonlignite minerals. 
  • Goal is to increase the revenue contribution from non-lignite sources to 50%, thereby expanding customer base, enhancing revenue, and increasing market share. 
  • By focussing on minerals such as silica sand, fluorspar, multi-metal, and limestone, aim to reduce dependence on lignite and ensure more holistic growth. 
  • To pilot this transition, engaged Boston Consulting Group (BCG), a globally renowned consultancy firm, to conduct a comprehensive feasibility study  
  •    Expanding Mineral Mining Operations GMDC continues to mine essential minerals such as silica, bentonite, and ball clay, ensuring long-term supply continuity. Additionally, exploring opportunities in lead, copper, and zinc mining. Leveraging the latest technology and equipment, we aim to provide world-class value-added products

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