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Gujarat Mineral Development Corporation (GMDC) has entered into a strategic collaboration with the University of Cambridge to establish a dedicated Rare Earth Observatory at GMDC's International Centre of Excellence in Mining.
Deploying Artificial Intelligence, the Observatory will deliver a first-of-its-kind interactive intelligence platform that tracks the complete Rare Earth Elements (REE) value chain in real time from mine to magnet covering price movements, processing capacity, supply disruptions and geopolitical risk across global REE supply chains.
For the full year,net profit rose 40.72% to Rs 956.67 crore in the year ended March 2026 as against Rs 679.85 crore during the previous year ended March 2025. Sales declined 6.93% to Rs 2653.38 crore in the year ended March 2026 as against Rs 2850.84 crore during the previous year ended March 2025.