IREL (India) Limited is an Indian Public Sector Undertaking based in Mumbai, Maharashtra.

[3][4] This plant, the first unit of IREL, was made operational way back in 1952 for processing of monazite, whose capacity was subsequently increased by about three times.

[10] It produces/sells six heavy minerals namely ilmenite, rutile, zircon, monazite, sillimanite, and garnet as well as various value added products.

In 2013 Gopalpur port shipped 7,500 metric tonne of ilmenite from Orissa Sand Complex (OSCOM) to South Korea for the first time after IREL started the operation.

[11] Monazite deposit in Odisha contains rare earths like, Lanthanum, Cerium, Praseodymium, Neodymium etc.

[13] IREL opened the division in 1963 after becoming a fully public sector undertaking under the administrative control of Department of Atomic Energy(DAE), Government of India, IREL will carry out beach sand mining and extract heavy minerals at an area of 1,144.06 hectare in eight villages of Kanniyakumari district.

IREL has a mineral manufacturing unit functioning in Manavalakurichi village near Colachel in Kanniyakumari for extracting ilmenite, zircon, rutile, monazite and sillimanite.

The plant has a capacity to produce 2,35,900 tpa of ilmenite and associated minerals such as rutile, zircon and sillimanite.

IREL has set up this plant for producing Rare Earth Permanent Magnet (REPM) at Visakhapatnam based on Indigenous Technology.

Council invites funds and monitors R&D project proposals from CSIR, IITs, State & Central laboratories, for large scale application & exploitation on the areas of technology of mutual interest.

According to the company, it has achieved its highest ever sales turnover and profit before tax (PBT) since its inception.