Rajasthan State Mines & Minerals Limited (RSMML) is one of the premier public sector enterprises of the Government of Rajasthan, primarily engaged in mining and marketing of industrial minerals in the State. The very objective of the company is to achieve cost effective technological innovations in the mining of minerals and to diversify into mineral based downstream projects. Apart from the above, the Company is also aiming at long term fuel supply to lignite based power projects, apart from setting up wind energy farms at Jaisalmer. This company is professionally managed and remains focused towards increasing productivity and growth.
Year 2003, witnessed completion of amalgamation of Rajasthan State Mineral Development Corporation Limited (RSMDC), another Rajasthan State Government PSU with Rajasthan State Mines & Minerals Limited (RSMML) was issued by the Department of Company Affairs, Government of India (Order No. S.O.207(E) dated 19th February 2003) under Section 396 of the Companies Act, 1956 and the same has come into effect from 20th February, 2003, the date of its publication in the Gazette of India (Extraordinary).
Strategic Business Units & Profit Centres
After amalgamation, the following four mineral based Strategic Business Units & Profit Centres (SBU & PC) namely Rock Phosphate, Lignite, Gypsum and Limestone have been set up as a part of corporate restructuring: -
Strategic Business Unit and Profit Centre – Rockphosphate at Udaipur.
Strategic Business Unit and Profit Centre – Gypsum at Bikaner
Strategic Business Unit and Profit Centre – Limestone at Jodhpur
Strategic Business Unit and Profit Centre – Lignite at Jaipur
Rock Phosphate continued its prime position in the business profile of the Company and catered to almost 94% of the indigenous demand. The capacity of industrial beneficiation plant was increased from 1500 TPD to 3000 TPD. The company providing lignite for the lignite based thermal power plant at Giral under state owned Company, Rajasthan Vidyut Utpadan Nigam Ltd. Being pioneer in the lignite field, RSMML has ensured its strong presence in the lignite based power sector in Rajasthan. Despatches of gypsum touched 3.00 million ton in 2009-10. Renewed emphasis on environmental management was stressed upon for the management of gypsum mines. Supply of SMS grade limestone to the steel plants of India touched the record level of 2.48 million tonnes in 2009-10.
In the year 2009-10, company has achieved the profit before tax Rs. 146.11 crores in comparison to profit before tax of Rs. 177.89 crores in 2008-09. The Company started a number of R&D activities to further strengthen its R&D activities. Generous contributions were made for creation of life saving medical infrastructure in 8 project districts. The dividend of Rs. 15,51,03,000/- was declared for the year 2009-10.
RSMML today has broken away from its monopolistic moorings and welcomes competition. From a small backwaters company, it is now rated as a technologically advanced company and an innovator. It boasts of a highly trained and competent workforce and strong financial base. It has established itself as the most successful public sector company in Rajasthan.