NLCIL has signed a MoU with M/s. IREL (India) Limited

NLC India Limited (NLCIL) is actively pursuing opportunities in the Critical Minerals and Rare Earth Elements (REE) sector, both within India and internationally.

Moreover, Public Sector enterprises are encouraged by the GoI for acquiring Critical Minerals Assets, focusing on both domestic and international acquisitions, along with a distinct timeline.

NLCIL has signed a Memorandum of Understanding (MoU) with M/s. IREL (India) Limited on 06.05.2025 to cooperate and collaborate for development (Mining/Excavation/Refining etc.) of mutually agreed assets of critical mineral in general including REE by acquiring assets / sourcing raw materials domestically or internationally.

Shares of NLC India Limited was last trading in BSE at Rs. 217.75 as compared to the previous close of Rs. 225.80. The total number of shares traded during the day was 39432 in over 1633 trades.

The stock hit an intraday high of Rs. 229.40 and intraday low of 217.05. The net turnover during the day was Rs. 8735320.00.

Source : Equity Bulls

Keywords

NLCIndia INE589A01014 MoU IRELIndia