The objective of the JV Company is to secure the strategic mineral interests of the Country. At present, there are strategic minerals like Tin (Sn), Cobalt (Co). Lithium (Li). Germanium (Ge). Gallium (Gal), Indium (In), Beryllium (Be). Niobium (Nb), Tantalum (Tal), Tungsten (W),Bismuth (Bi),Selenium( Se). etc. that are either not available in the country or not available in the desired quantity.
The company is set up for identification, acquisition, exploration, development, mining and processing of strategic minerals overseas for commercial use and meeting country's requirement for these minerals.
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