The company was formed in 2007 with its headquarters at the National Capital Territory, New Delhi. The main objectives to be pursued by the company are:
- To carry out business related to minerals within India or any where outside the country. It covers all forms of following work or activities- selling, supplying, agency, broker-ship, stockist/ distributor-ship, to work as a consultant or manager.
- To deal in all kinds of metallic, non metallic minerals, fossil fuels, strategic, rare-earth, precious, semi-precious stones, dimension stones etc. of various grades and quality.
- To carry out business as importers, exporters, commission agents, consignments, distributors, contractors mediators, retailers all types of above mentioned minerals and their alloys including aluminium, copper, steel, tin, zinc and their forms such as strips, sheets, plates, deformed bars plains, ingots, rods, utensils, galvanised steel tubes, pipes and all forms of scrap of iron and steel.
- To carry out the mineral trade business within India or any where outside the country for -prospecting, extracting, developing prospects, mining, dredging, quarrying, operating, crushing, dressing, processing, beneficiating, cutting, polishing, refining, calcimining, amalgamating, holding, stock piling etc.
- To undertake or promote scientific research relating to the main business or class of business of the company