NLC India Signs Critical Minerals MoU With CSIR-CECRI

Mumbai, June 11: NLC India signed a memorandum of understanding with CSIR-Central Electrochemical Research Institute (CSIR-CECRI), Karaikudi, to collaborate on critical and strategic mineral beneficiation and extraction technologies.

The company disclosed through an exchange filing that the agreement was executed on June 10, 2026, as part of efforts aligned with India’s National Critical Mineral Mission.

According to the press release, the collaboration will focus on research and technology development related to extraction and recovery of Rare Earth Elements (REEs) and other strategic minerals from secondary resources including overburden materials, mine waste and tailings.

NLC India said the initiative would support sustainable and economically viable technologies for mineral recovery while reducing dependency on primary mineral sources.

The company also noted that studies under the MoU would initially evaluate overburden and tailing materials generated from Neyveli mines to assess the feasibility of recovering critical minerals.

Management commentary in the release highlighted the strategic importance of critical minerals for India’s energy transition, resource security and industrial self-reliance objectives.

Stock Market Snapshot

NLC India share price traded marginally lower despite the announcement of the strategic minerals collaboration with CSIR-CECRI.

The stock was trading at ₹309.00, down 0.19%, as of 15:13 IST on June 11, 2026, according to market data.

NLC India share price witnessed volatile movement during the trading session before closing near the day’s lower range.

Market participants appeared cautious even as investors tracked developments related to India’s growing focus on critical minerals, rare earth recovery and strategic resource independence.

The collaboration comes at a time when public sector mining and energy companies are increasingly exploring opportunities linked to battery materials, clean energy supply chains and mineral processing technologies.

Collaboration Supports India’s Critical Mineral Mission

The company stated that the partnership with CSIR-CECRI would facilitate research-led innovation in beneficiation and extraction technologies for strategic minerals.

NLC India added that the collaboration aligns with broader national initiatives aimed at strengthening domestic mineral value chains and reducing import dependence in critical resource segments.

The release further indicated that the initiative could help unlock value from mining by-products and secondary mineral resources through advanced recovery methods.

Industry observers note that rare earth and strategic mineral processing capabilities are emerging as key areas of policy and industrial focus amid rising global demand from electric mobility, renewable energy and electronics manufacturing sectors.

Company Background

NLC India Ltd is a government-owned mining and power generation company engaged in lignite mining, thermal power generation and renewable energy operations.

CSIR-CECRI is a premier scientific research institution focused on electrochemical science, materials engineering and industrial technology development.

Conclusion

The strategic partnership between NLC India and CSIR-CECRI marks the company’s entry into technology-led critical mineral exploration and beneficiation initiatives.

While the stock traded marginally lower during the session, the collaboration reflects increasing industry and government attention toward resource security, sustainable mineral recovery and domestic strategic material capabilities.

Source:

• https://www.nseindia.com/get-quote/equity/NLCINDIA/NLC-India-Limited
• https://nsearchives.nseindia.com/corporate/NLCINDIA_11062026145418_PressRelease_Intimation_11062026.pdf