Gujarat Mineral, Cambridge University to develop rare earth observatory
This story was originally published at 13:06 IST on 2 June 2026
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MUMBAI – Gujarat Mineral Development Corp. Ltd. Tuesday said it has entered into a strategic collaboration with the University of Cambridge to establish a rare earth observatory. The project is planned as a phased two-year programme with an investment of 600,000 pound sterlings, according to an exchange filing by the company.
The observatory will be established at the state-owned mining and mineral processing company's International Centre Of Excellence in Mining in Gujarat. The observatory will use artificial intelligence to deliver a platform which will track the complete value chain of rare earth elements in real time from mine to magnet. This includes covering price movements, processing capacity, supply disruptions, and geopolitical risks across global supply chains, as per the release.
At 1248 IST, shares of Gujarat Mineral Development Corp. traded at INR 656.25 on the National Stock Exchange, down 1.8%. For the March quarter, the company had reported consolidated net profit of INR 1.94 billion on revenue of INR 8.14 billion. End
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Prateem Rohanekar
Edited by Akul Nishant Akhoury
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