History Of Indian Rare Earths Limited

I want to know History Of Indian Rare Earths Limited , so will you plz tell me same along with company profile , as my cousin going to apply for job there ??

[Arvind Kumar]

As you asking for history of Indian Rare Earths Limited , so I am telling it was incorporated on August 18, 1950 with its first unit Rare Earths Division (RED), Aluva, in Kerala. Indian Rare Earths Limited became a full-fledged Government of India Undertaking under the administrative control of Department of Atomic Energy (DAE) in year 1963 and took over companies engaged in mining and separation of beach sand minerals in southern part of the country, by establishing two more Divisions one at Chavara, Kerala and the other at Manavalakurichi (MK),Tamilnadu.

Company profile:

Type State-owned enterprise

Industry Rare Earth Research

Founded 18 August 1950

Headquarters Plot No.1207,Veer Savakar Marg, Prabhadevi, Mumbai, India

Key people Shri D Singh,Chairman & Managing Director, Shri Kishore Kumar Mohanty,
Director(Marketing),Shri Rakesh Tumane, Director(Finance)

Products Ilmenite, rutile, zircon, sillimanite, mixed RE chloride, Th nitrate, La carbonate,
Tri sod phosphate

Revenue ₹456 crore (US$71 million) (2013-2014)

Net income ₹46.78 crore (US$7.3 million) (2013-2014)