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GMDC Share Price Jumps Over 3% on Securing Rare Earth Processing Technology from BARC

Written by: Team Angel OneUpdated on: 20 Jan 2026, 5:27 pm IST
GMDC has received indigenous rare earth processing technology from BARC for its Ambadungar project to enable production of mixed rare earth concentrate.
GMDC Share Price Jumps Over 3% on Securing Rare Earth Processing Technology from BARC
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Gujarat Mineral Development Corporation Limited has progressed its rare earths initiative with the transfer of an indigenous processing technology for the Ambadungar project in Gujarat. 

Technology Transfer and Project Scope 

The Bhabha Atomic Research Centre has transferred a fully indigenous technology to GMDC for the Ambadungar Rare Earth Project.  

The technology, titled “Process for the Recovery of Rare Earth Values from Ankeritic Ore Body of Ambadungar, Gujarat, India (CH48MinD)”, is designed to produce Mixed Rare Earth Concentrate from hard-rock ankeritic ore and address ore-specific technical challenges.  

The technology transfer took place at the BARC campus in Trombay in the presence of senior officials from both organisations. 

Implementation Approach and Pilot Plans 

GMDC intends to deploy the technology initially at a pilot scale with continued technical support from BARC to undertake process validation, recovery optimisation and environmental performance assessment before moving to subsequent stages.  

The corporation also plans to utilise the International Center of Excellence in Mining Safety and Automation in Ahmedabad for pilot-scale and analytical testing.  

As per exchange filings, Shri Roopwant Singh, IAS, Managing Director, GMDC, said, “The transfer of the rare earth processing technology from BARC for the Ambadungar REE Project represents an important step in GMDC’s rare earths journey. It strengthens our ability to develop the project in a systematic and responsible manner, while building an end-to-end, future-ready rare earths value chain.” 

Read More: Sellwin Traders Hits 5% Upper Circuit on MoU with Myzek Logistics, Delivery Partner for JioMart, Zomato & Blinkit! 

Gujarat Mineral Development Corporation Share Price Performance  

As of January 20, 2026, at 10:45 AM,  Gujarat Mineral Development Corporation Limited share price is trading at ₹555.55 per share, reflecting a gain of 3.07% from the previous closing price. 

Conclusion 

The technology transfer marks a milestone in GMDC’s Ambadungar project, supporting pilot-scale validation and future development of rare earth processing capabilities. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jan 20, 2026, 11:57 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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