Gujarat Mineral Development Corporation Ltd. (GMDC) is one of India's leading mining and mineral processing companies. We have an important mandate to develop the major mineral resources of the State. For more than six decades, we have been engaged in developing the ample mineral resources of the State. A zero-debt company, we're ranked 132nd among India's Fortune 500 Companies (2017) and the Top-5 organisations by market capitalisation in the mining sector.
Today, GMDC is acknowledged as India's second-largest Lignite-producing company and the largest merchant seller of lignite. We are the leaders in exploring and exploiting lignite, Bauxite, Fluorspar, Manganese, Silica Sand, Limestone, Bentonite and Ball Clay.
We have a diversified portfolio of Thermal Power Projects and Renewable Power generation Projects comprising wind and solar power that have given us a sizeable presence in the energy sector. To maintain our vision for an atmanirbhar future, we have also diversified into developing a complete ecosystem of Rare Earth Elements (REE).