Shares of Gujarat Mineral Development Corporation (GMDC) are likely to remain in focus after External Affairs Minister S. Jaishankar embarks on an official visit to the United States from February 02 to 04, 2026, to participate in high-level discussions on critical minerals. AS of 11:23 AM, the shares were trading 2.76% lower at Rs 561.55.
According to an official statement, Dr. Jaishankar will attend the Critical Minerals Ministerial convened by US Secretary of State Marco Rubio. The ministerial is expected to centre on strengthening supply chain resilience, supporting clean energy transitions, and enhancing strategic cooperation among partner countries in the critical minerals space.
The discussions come at a time when critical minerals such as lithium, rare earth elements, and other strategic resources have gained global importance due to their role in electric vehicles, renewable energy technologies, semiconductors, and defence applications. India has been actively pursuing international partnerships to secure long-term access to these resources and reduce dependence on concentrated global supply chains.
During the visit, Dr. Jaishankar is also scheduled to hold meetings with senior members of the US administration. These engagements are expected to further deepen India–US cooperation across strategic sectors, including energy security, advanced manufacturing, and emerging technologies.
