Maharashtra State Mining Corporation Ltd.(MSMC) is a limited company fully owned by the
Government of Maharashtra incorporated under Companies Act, 1956 on 14th November, 1973
with the main objects as under:
To promote systematic development of various mines with a view to conserve the mineral
wealth of the nation.
To purchase, take on lease, or otherwise acquire any mines, mining rights, and
Metalliferous land in the state of Maharashtra, or elsewhere, and any interest therein,
and to explore, work, exercise, develop, and turn to account the same.
To crush, win, get quarry, smelt, calcine, refine, dress,
amalgamates, manipulate and
prepare for market of utilization ore, metal and beneficiation and up gradation of major
and minor minerals of all kinds, and to carry on any other operations which may seem conducive
to any of the company's objects.
Now a step towards expansion of the on-going projects, opening new mines and diversification
to mineral based industries, MSMC also started the following objectives:
To enter into new mineral bearing areas of economic importance having ready market,
viz. coal, Iron ore, Manganese, Tungsten etc.
Manufacturing of mineral-based value added product: - R & D work on various minerals
have been undertaken by MSMC through national level organizations. Based upon these reports
MSMC would like to set up mineral based industries to produce value-added products of
economic importance.
Expansion of market of the minerals and value added product:- MSMC have adequate potential
of quality and unique minerals, MSMC would like to explore firm and regular market for these
minerals.
