IBC has, in anticipation of such a shortagecrisis, carried out R&D work for several years which has resulted in the construction of a first-of-its- kind Baryte Beneficiation Plant in the name of Andhra Barytes Corporation Pvt. Ltd (ABCPL) in joint venture with Andhra Pradesh Mineral Development Corporation (APMDC) who have been allotted 11% free equity in ABCPL. This plant is capable of manufacturing or beneficiating 300,000 MT per annum. The plant has been set up with an investment of Rs. 30 Crores.

IBC has, in anticipation of such a shortagecrisis, carried out R&D work for several years which has resulted in the construction of a first-of-its- kind Baryte Beneficiation Plant in the name of Andhra Barytes Corporation Pvt. Ltd (ABCPL) in joint venture with Andhra Pradesh Mineral Development Corporation (APMDC) who have been allotted 11% free equity in ABCPL. This plant is capable of manufacturing or beneficiating 300,000 MT per annum. The plant has been set up with an investment of Rs. 30 Crores.