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 1448 projects/reports and established 165140 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 30th SEPTEMBER, 2018). It has recently diversified in to mining and beneficiation of minerals and sampling & analysis of coal stocks.