State Mining Corporation Limited

Company ProfileSMCL

Background

The State Mining Corporation Limited (SMCL) is the first state-owned mining company in the country. It was incorporated on 31 December 2014 as a 100 % DHI-owned company. It was established to realize the immense potential of the minerals sector as one of the five jewels of economic activities and the State’s need to participate in the sector to reap benefits for the larger public.
SMCL’s main objective is to carry out responsible mining by striking a balance in minerals extraction, utilization, and environmental conservation while enhancing revenue generation.

SMCL Mission

Explore and develop mineral resources in a responsible manner for inter-generational equity.

SMCL Vision

Be the leading company in sustainable mineral resources management to distribute the national wealth to the people of Bhutan.

Coal80%

Dolomite55%

Gypsum35%

Quartzite60%

Integrity

Conduct business with honesty, transparency and responsibility to promote high standard of corporate governance

Accountability

Internalizing and upholding responsibilities, honoring commitments

Team Work

Trust-based working relationships among employees across all levels and building strong collaboration based on mutual respect, understanding, and cooperation with partners

Excellence

Strive for the highest standards in conducting business, in terms of delivery of quality goods and services

Efficiency

Committed to highest standards through hard work, cost control and innovation