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NLC India set for best week in 6 months on critical minerals project, China supply optimism

ReutersSep 12, 2025 5:22 AM

Shares of NLC India NLCI.NS rise 1.65% to 260.50 rupees

NLCI up about 13.7% this week, on course for best week in about six months

NLC shares gain on optimism around rare earth supply, as easing curbs in China boost sector sentiment, says SBICaps

Co signs MoU with Khanij Bidesh India Limited (KABIL) for critical mineral projects

KABIL is JV of state-run National Aluminium Co (NALCO) NALU.NS, Hindustan Copper Ltd and Mineral Exploration and Consultancy

More than 35.5 mln shares traded so far, 2.3x 30-day avg

Stock up about 5% YTD

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