The Institute of Minerals and Material Technology (IMMT) which is set to celebrate its golden Jubilee on Saturday has prioritised the research on extraction of rare earth metals in an environment friendly process.
The golden jubilee celebrations will begin with a marathon from Saturday. Governor SC Jamir will be the chief guest at the event. Talking to the Press, IMMT Director BK Mishra on Friday said, “The limited availability of rare earth metals has pushed their market demand. We have decided to undertake research to meet demand.”
IMMT will focus on developing the process to extract rare earth materials without damaging the surrounding. The Institute’s target is to meet country’s demand for rare earth metals indigenously. The institute works in sync with the five year plans and its funds are approved accordingly. Recently, the institute has witnessed increasing amount of funds coming from NGOs for technological advancement of the institute.
Mishra explained that these funds were crucial for the infrastructure development of the campus.