GMDC mulls setting up rare earth processing unit in Gujarat
COAL & MINING

GMDC mulls setting up rare earth processing unit in Gujarat

State-run GMDC says it is contemplating conducting a study to determine the economic viability of setting up a rare earth elements processing unit in Gujarat’s Chotaudepur district. Rare-earth elements, (REE) also known as rare-earth metals, are crucial to developing green energy technologies like permanent magnets for electric vehicles and wind turbines and LEDs.

Gujarat Mineral Development Corporation (GMDC) "is looking at conducting a scoping study to determine the economic viability of the project and outline at least one opportunity to develop the processing plant for the deposit at Ambadongar, Chotaudepur district in Gujarat state in India," the company said in a statement.

The company also plans to carry out a pre-economic assessment for the Ambadongar deposit involving, among other things, formulating a process flow design and all relevant testing for beneficiation and rare earth elements oxide production.

"We at GMDC will ensure the establishment of a complete value chain for REE elements, estimating the investments required for ventures with possible returns over time in the state," the company's Managing Director Roopwant Singh said.

Rare earth elements are used extensively in advanced technology products and also have commercial, industrial and military applications. China has a monopoly in the segment, meeting 95 per cent of the global demand.

See also:
A hundred and ninety major mineral blocks auctioned in seven years
Rajasthan introduces amnesty scheme for miners


State-run GMDC says it is contemplating conducting a study to determine the economic viability of setting up a rare earth elements processing unit in Gujarat’s Chotaudepur district. Rare-earth elements, (REE) also known as rare-earth metals, are crucial to developing green energy technologies like permanent magnets for electric vehicles and wind turbines and LEDs. Gujarat Mineral Development Corporation (GMDC) is looking at conducting a scoping study to determine the economic viability of the project and outline at least one opportunity to develop the processing plant for the deposit at Ambadongar, Chotaudepur district in Gujarat state in India, the company said in a statement. The company also plans to carry out a pre-economic assessment for the Ambadongar deposit involving, among other things, formulating a process flow design and all relevant testing for beneficiation and rare earth elements oxide production. We at GMDC will ensure the establishment of a complete value chain for REE elements, estimating the investments required for ventures with possible returns over time in the state, the company's Managing Director Roopwant Singh said. Rare earth elements are used extensively in advanced technology products and also have commercial, industrial and military applications. China has a monopoly in the segment, meeting 95 per cent of the global demand. See also: A hundred and ninety major mineral blocks auctioned in seven yearsRajasthan introduces amnesty scheme for miners

Next Story
Equipment

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

Next Story
Infrastructure Energy

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

Next Story
Infrastructure Energy

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App