GMDC Gains on India Joining ‘Pax Silica’ Alliance

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GMDC surged over 3.5% (at the time of posting the post) and Orissa Minerals rose ~2% after India joined the US-led ‘Pax Silica’ alliance to strengthen critical minerals and AI supply chains. The move boosts strategic importance, long-term demand outlook, and policy support for domestic mining companies amid deepening India-US economic cooperation.