The company originates from mergers between several corporate bodies, becaming Multiplanet Metals and the Tellarite homeworld's largest (as well as only) mining corporation. Tellarites hoped that a government-supported act would cut their overheads to the point that it would allow them to outbid rival Andorian firms in regards to contracts for extracting planetary ores. By the beginning of the 24th century, the firm's CEO was Oscar Palmersen. The company was divided into at least two sub-divisions, which included: