Gujarat Mineral Development Corporation Limited (GMDC) is a major Indian state-owned minerals and lignite mining company based in

Ahmedabad Ahmedabad ( ; Gujarati: Amdavad ) is the most populous city in the Indian state of Gujarat. It is the administrative headquarters of the Ahmedabad district and the seat of the Gujarat High Court. Ahmedabad's population of 5,570,585 (per t ...

.Gujarat Mineral Development Corporation Limited
/ref> GMDC was founded in 1963. Its product range includes essential energy minerals like lignite, base metals and industrial minerals like bauxite and fluorspar. Gujarat government has given its green signal to GMDC to form a joint venture with NALCO for a 1 mtpa refinery. GMDC also owns and runs Akrimota Thermal Power Station, a 250 MW (2x125 MW) lignite-based thermal power plant located in village Nanichher in Lakhpat Taluka, Kutch District.

Product range

The company has grown in strength since its inception over the years. In 1963 the company commenced its operation with small silica sand quarry. In 1964 it started with bauxite mines in Kutch and now operates six bauxite mines. In 1971, a beneficiation plant was commissioned by GMDC to process 500 M.T of fluorspar ore and to produce calcium fluoride used for the manufacture of Hydro-fluoric acid and as flux in metallurgical industries. A captive mine at Ambadungar was established also to feed the plant. In 1976 lignite was discovered in Gujarat and GMDC started its first lignite mines at

Panadhro Panadhro is a village located in Lakhpat Taluka of Kutch District of Gujarat State in India. Panadhro is famous for its Lignite mines, which were developed in early 1970s and are run by Gujarat Mineral Development Corporation Limited. Recently ...

. In 1980, a captive refining plant with copper mines was set up by GMDC near

Ambaji Ambaji (''Ambājī'') is a census town in Banaskantha district in the state of Gujarat, India. It is known for its historical connections with sites of cultural heritage. Geography Ambaji is a town within taluka district Banaskantha, North ...

. In 1983, another lignite mine was discovered & started by it at Rajpardi near

Bharuch Bharuch (), formerly known as Broach, is a city at the mouth of the river Narmada in Gujarat in western India. Bharuch is the administrative headquarters of Bharuch District. The city of Bharuch and surroundings have been settled since tim ...

. In 1992, it established a calcination plant to add value to the bauxite mined by it at Gadhsisha in Kutch. In 1996, to use the lignite mined by it, GMDC also started thermal power plant at Nani-Chher in Kutch. In 2005 & 2009 more lignite mines were started by GMDC at

Tadkeshwar Tarkeshwar also spelt "Tadkeshwar", is a town located in the Surat district, Gujarat, India, situated approximately away from Surat and on the Kim-Mandvi Road north of the Tapti River. It belongs to the Mandavi Taluka of Surat Panchayat, and i ...

near

Surat Surat is a city in the western Indian state of Gujarat. The word Surat literally means ''face'' in Gujarati and Hindi. Located on the banks of the river Tapti near its confluence with the Arabian Sea, it used to be a large seaport. It is now ...

and near

Bhavnagar Bhavnagar is a city in the Bhavnagar district of the Saurashtra region of Gujarat, a States of India, state of India. It was founded in 1723 by Gohil Koli, Bhavsinhji Takhtasinhji Gohil (1703–1764). It was the capital of Bhavnagar State, whi ...

, respectively. Also in 2006 it developed manganese ore mines at Shivarajpur in Panchmahals. It is also setting up an Alumina plant with Raytheon Corporation of USA.

Public listing

In 1999, the government of Gujarat being the sole owner, divested 26% of its stake and the GMDC became a listed entity (BSE&NSE) and is occupying a position within the top fortune 500 companies in our country with an annual turnover surpassing 10 billion with considerable annual growth rate.

Upcoming Projects

GMDC is keen to set up a Rare Earth Elements Processing Plant, in the country as REEs are essential for developing green energy technologies like permanent magnets for electric vehicles and wind turbines and LEDs.

References

{{authority control Mining companies of India Aluminium companies of India Coal companies of India Copper mining companies of India Metal companies of India Government-owned companies of India Companies based in Ahmedabad Companies based in Gujarat Non-renewable resource companies established in 1963 State agencies of Gujarat 1963 establishments in Gujarat Indian companies established in 1963 Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange