Kerala State Mineral Development Corporation Limited

Kerala State Mineral Development Corporation was incorporated in June 1992. The main objectives of this corporation enunciated in the Memorandum of Association are:

1. To search for, discover, prospect, explore, quarry, mine raise, exploit, beneficiate, process, manufacture, make merchantable, buy, sell, import, export, stock, and deal in all minerals, mineral resources, ores, metals, rocks, fossil fuels, precious, ornamental and dimension, stones and other mineral substances, and all products obtained there from.

2. To enquire by lease, grant, assignment, transfer or otherwise any grants or concessions of any mineral field, mines, mineral and mine contracts, works and premises form any person or persons. Corporation, Company, Government or Local body in Kerala or elsewhere and to perform and fulfill the conditions thereof either by itself or in sub-lease or an arrangement with any other person, company, agencies o body corporate.

3. To undertake studies and research on mineral resources, their exploitation and its impact on environment in the country or elsewhere and act as consultants, co laboratories, Technical experts and agents for the projects connected he minerals, metals, rocks and fossil fuels.

4. To promote, establish, run, manage, finance, advise, assist, and collaborate with any association firm, company, enterprise, undertaking, or institution to plan organize and implement any program for the exploration and exploitation of mineral resources in the state and development of their down-stream products on a sound techno-economical basis.

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