The agreements are focused on advancing deep processing technologies for rare and rare earth raw materials, manufacturing high-purity materials, and establishing joint industrial capacities across global markets.
One of the key agreements was signed with Nexon Geochem Private Limited. The memorandum outlines collaborative research and development initiatives for deep processing of rare and rare earth metal-containing raw materials. Both organizations aim to implement full-cycle projects spanning the production of high-purity metals and compounds to advanced materials used in electronics, chemical processing, and nuclear industries.
The partnership will also focus on developing analytical quality-control methods, scaling technologies from laboratory research to pilot production, and facilitating academic exchanges and educational programs.
Speaking on the collaboration, Praveen Choudhary, Founder of Nexon Geochem Private Limited, said the agreement marks the beginning of a long-term strategic partnership that will help establish full-cycle production of high-purity materials in India.
In another significant development, Giredmet signed a letter of intent with TEXMiN, which is part of Indian Institute of Technology (Indian School of Mines). the collaboration will focus on the research and development of NdFeB (neodymium-iron-boron) rare earth permanent magnets, including the complete metallurgical production cycle.
The agreement also includes pilot-scale validation of Giredmet technologies at the TEXMiN Technology Translation Research Park and projects related to extraction of rare earth elements from tailings, legacy dumps, and recycled magnets. Both parties will jointly pursue scientific research, academic exchange programs, and advisory support in the field of critical minerals and rare earth technologies.
Professor Dheeraj Kumar, TEXMiN Project Director and Deputy Director of IIT-ISM, described the partnership as a strategically important step toward strengthening India’s capabilities in rare earth magnets and critical minerals.
Apart from India-focused collaborations, Giredmet also held discussions with the Joint Russian-Vietnamese Tropical Research and Technology Center to explore cooperation in high-purity materials, rare earth processing technologies, and industrial-scale implementation of advanced material solutions.
Commenting on the agreements, Konstantin Ivanovskikh, Deputy Director for Science and Innovations at Giredmet JSC and Co-Chairman of the Congress Organizing Committee, said the newly signed memorandums represent “concrete technological roadmaps” aimed at strengthening technological sovereignty and accelerating rare-earth magnet production capabilities.
The Raremet-2026 Congress brought together more than 750 participants from 20 countries, highlighting the growing global importance of critical minerals, rare earth processing, and advanced material technologies.
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