NLC India Company Signs MoU With CSIR-CECRI for Critical Minerals Research

NLC India has signed a Memorandum of Understanding (MoU) with CSIR-Central Electrochemical Research Institute (CSIR-CECRI), Karaikudi, to collaborate on the beneficiation and extraction of critical and strategic minerals from secondary resources. 

The agreement, signed on June 10, 2026, is aimed at supporting the objectives of the Government of India's National Critical Mineral Mission through research and technology development. 

NLC India Partners With CSIR-CECRI 

The MoU was signed by I.S. Jasper Rose, Executive Director (Mines & Land), NLC India, and Dr. K. Ramesha, Director, CSIR-CECRI, in the presence of senior officials from both organisations. 

The collaboration will focus on developing technologies for the extraction and recovery of Rare Earth Elements (REEs) and other trace elements from overburden materials and mine tailings generated from NLC India's Neyveli mines. Similar opportunities across the company's other mining and exploration projects will also be evaluated. 

Focus on Critical Minerals and Resource Recovery 

NLC India has been pursuing opportunities in the exploration and development of critical and strategic minerals from both primary and secondary sources. The company has undertaken studies on the occurrence and recovery potential of Rare Earth Elements and other trace minerals from mine waste and overburden materials. 

The collaboration with CSIR-CECRI aims to develop sustainable and economically viable technologies that can support resource recovery from secondary sources while strengthening India's critical mineral supply chain. 

Management Highlights Strategic Importance 

According to NLC India Chairman and Managing Director Prasanna Kumar Motupalli, the partnership is expected to strengthen research efforts in the beneficiation and extraction of Rare Earth Elements and other critical minerals associated with overburden, tailings and secondary resources. 

The collaboration is also expected to contribute to the objectives of the National Critical Mineral Mission by supporting technological innovation and improving self-reliance in critical mineral resources. 

NLC India Share Price Performance 

NLC India share price was trading at ₹309.25, down 0.10%, as of 3:05 PM on June 12 on the BSE. 

The company's market capitalisation stood at ₹42,881.74 crore. Over the past 3 months, NLC India share price has delivered a return of around 24.55%. 

Conclusion 

NLC India's collaboration with CSIR-CECRI marks a step towards developing technologies for the recovery of Rare Earth Elements and other critical minerals from secondary resources. The initiative aligns with the National Critical Mineral Mission and the company's broader strategy to explore opportunities in strategic mineral development. 

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