
Gujarat Mineral Development Corporation Ltd (GMDC) has announced a strategic collaboration with the University of Cambridge to establish India's first AI-powered Rare Earth Supply Chain Observatory.
This initiative aims to enhance the monitoring and management of the rare earth elements (REE) value chain.
The collaboration between GMDC and the University of Cambridge will result in the creation of an interactive intelligence platform. This platform will track the entire REE value chain in real time, from mining to magnet production.
It will cover aspects such as price movements, processing capacity, supply disruptions, and geopolitical risks across global REE supply chains.
The initiative combines GMDC's mining expertise with the Institute for Manufacturing (IfM) at Cambridge, known for its work in critical mineral supply chains and AI-driven industrial analytics. The project is structured as a phased 2-year programme with an investment of £6,00,000.
Strategic Importance for India
With India's Rare Earth Permanent Magnets (REPM) consumption expected to double by 2030, driven by sectors like electric vehicles, renewable energy, and defence, real-time supply chain intelligence has become a national strategic priority.
The Rare Earth Observatory aims to fill this gap by providing a robust evidence base for policy calibration, industrial procurement, and strategic stockpiling decisions.
Read More: GMDC Share Price Gains Over 5% Following QUAD's Critical Minerals Initiative!
Through the International Centre of Excellence in Mining (iCEM), supported by GMDC, the collaboration ensures full access to Cambridge's advanced research tools and global network.
This integration of world-class analytical capability with Indian mining operations aims to advance GMDC's evolution into a knowledge-driven enterprise.
As of June 02, 2026, at 2:38 PM, Gujarat Mineral Development Corporation share price on NSE was trading at ₹665.50 down by 0.40% from the previous closing price.
The partnership between GMDC and the University of Cambridge represents a significant step in strengthening India's position in the global rare earth supply chain. By leveraging AI and advanced analytics, the initiative aims to enhance supply chain resilience and support India's ambitions for self-reliance and development.
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Published on: Jun 2, 2026, 3:12 PM IST

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