Indian Rare Earths
| 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, , 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$180 million) (2021) |
| ₹500.12 crore (US$59 million) (2021) | |
| ₹315.68 crore (US$37 million) (2021) | |
| Total assets | ₹1,703.55 crore (US$200 million) (2021) |
| Total equity | ₹1,167.15 crore (US$140 million) (2021) |
| Owner | Government of India |
Number of employees | 1222 (March 2021) |
| Website | irel |
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. The company primarily exports it's rare earth compounds to USA, UK, France, Germany, Norway, and Japan.