Indian Rare Earths
IREL (India) Limited is an Indian Public Sector Undertaking based in Mumbai, Maharashtra. It specializes in mining and refining rare earth metals.
| Formerly | Indian Rare Earths Limited |
|---|---|
| Company type | Public Sector Undertaking |
| Industry | Rare Earth Extraction |
| Founded | 18 August 1950 |
| Headquarters | 1207, Veer Savakar Marg, Prabhadevi, near Siddhi Vinayak temple, Mumbai , India |
Key people | D. Singh (Chairman & MD) |
| Products | Ilmenite Leucoxene Rutile Zircon Garnet Sillimanite Lanthanum carbonate Cerium(III) carbonate Neodymium Praseodymium Samarium Gadolinium Yttrium NdPr Oxalate Thorium(IV) nitrate Trisodium phosphate Rare Earth Chloride |
| Revenue | ₹1,536.30 crore (US$190 million) (2021) |
| ₹500.12 crore (US$63 million) (2021) | |
Net income | ₹315.68 crore (US$40 million) (2021) |
| Total assets | ₹1,703.55 crore (US$210 million) (2021) |
| Total equity | ₹1,167.15 crore (US$150 million) (2021) |
| Owner | Government of India |
Number of employees | 1222 (March 2021) |
| Website | irel |
It has installed capacity to process about 10,000 MT of rare earth bearing mineral. As regards production, capacity and capabilities in terms of mining, processing, extraction, refining and production of high pure RE oxides is adequately available in India.
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