Indian Rare Earths

IREL (India) Limited
FormerlyIndian Rare Earths Limited
Company typePublic Sector Undertaking
IndustryRare Earth Extraction
Founded18 August 1950[1]
Headquarters1207, Veer Savakar Marg, Prabhadevi, near Siddhi Vinayak temple, ,
India
Key people
D. Singh
(Chairman & MD)
ProductsIlmenite
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
RevenueIncrease1,536.30 crore (US$180 million) (2021) [2]
Increase500.12 crore (US$60 million) (2021)[2]
Increase315.68 crore (US$38 million) (2021)[2]
Total assetsIncrease1,703.55 crore (US$200 million) (2021)[2]
Total equityIncrease1,167.15 crore (US$140 million) (2021)[2]
OwnerGovernment of India
Number of employees
1222 (March 2021) [2]
Websiteirel.co.in

IREL (India) Limited is an Indian Public Sector Undertaking based in Mumbai, Maharashtra. It specializes in mining and refining rare earth metals.

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.[3][4]

  1. ^ "Department of Atomic Energy: Milestones". Barc.ernet.in. Archived from the original on 20 September 2010. Retrieved 10 July 2010.
  2. ^ a b c d e f "Balance Sheet 31.03.2021".
  3. ^ "India not reliant on China to access rare earth minerals: Jitendra Singh". 14 December 2022.
  4. ^ "IREL India renewed its agreement to Boost Rare Earth Sector".