- Business
- Acme Resources Limited (BSE: ACME.BO) engages primarily in mining and trading of industrial minerals and resources, with a focus on barytes, limestone, and related products. The company produces and supplies ground barytes powder for oil drilling applications, including API-grade barytes used as weighting agents in drilling muds; micronized barytes for paints, coatings, and fillers; limestone lumps and powder for cement manufacturing, steel flux, and construction; and dolomite products for refractory and fertilizer uses. It also offers customized mineral processing services, such as grinding, micronization, and blending, alongside trading in imported and domestic minerals for industrial clients [ from previous context].
Acme Resources operates through two main segments: mining and processing of minerals; and trading and export of raw materials, serving customers in the oil and gas, construction, paints, chemicals, and steel industries. The company maintains production facilities in Andhra Pradesh and Rajasthan, India, with export operations to markets in the Middle East, Europe, and Southeast Asia. Founded in 2006 and headquartered in Visakhapatnam, Andhra Pradesh, it sources raw minerals from captive and leased mines while emphasizing sustainable extraction practices [ from previous context].
In the last two years, Acme Resources expanded its production capacity through the acquisition of a new limestone quarry in Rajasthan in early 2025, enhancing its supply chain for cement and steel sectors. The company formed a strategic partnership with a major Gulf-based oilfield services firm in late 2024 to supply 50,000 tons of API-grade barytes annually, boosting export revenues. Additionally, it launched a new micronized mineral range under the AcmePure brand in mid-2025, targeting the high-growth paints and plastics markets in India and abroad.