Mineral Exploration Corporation Limited ( MECL ) was established as an autonomous Public Sector Company in October 1972, under the administrative control of Ministry of Mines, Government of India for systematic exploration of minerals, to bridge the gap between the initial discovery of a prospect and its eventual exploitation. MECL has the Mission "to provide high quality, cost effective and time bound geo-scientific services for exploration and exploitation of minerals".

       MECL has completed over 1187 projects/reports and established 1,39,702 Million Tonnes of ores/ mineral reserves of minerals like Coal, Lignite, Bauxite, Copper, Gold, Lead-Zinc, Iron Ore, Limestone, Manganese, Magnesite, Chromite, Fluorspar and several other Industrial Minerals since inception ( As on 30 th June, 2010). It has also carried out exploration for Coal Bed Methane. It has recently diversified in to mining and beneficiation of minerals, Production well drilling for CBM and sampling & analysis of coal stocks.