1. To carry on in India and elsewhere the trades or businesses of ironmasters, steel makers, steel converters, manufacturers of ferro manganese, colliery proprietors, coke manufacturers, miners, engineers, tin plate makers and iron founders, in all their respective branches.

2. To search for, get, work, raise, make merchantable, sell and deal in iron, coal, iron stone, limestone, manganese, magnesite clay, fire clay, brick earth, bricks and other fuel and generally to undertake and carry on any business, transaction or operation commonly undertaken and carry on any business transaction or operation commonly undertaken or carried on by explorers, prospectors or concessionaires and to search for win, work, get, calcine, reduce, amalgamate, dress, refine and prepare for the market any quartz and ore and mineral substances and to buy, sell, manufacture and deal in minerals and mineral products, plant and machinery and other things capable of being used in connection with mining or metallurgical operations or required by the workmen and others employed by the company.