Tata Steel plans to set up an iron ore beneficiation plant at Joda East Iron ore Mine which has been owned by the company since 1956. Iron ore is upgraded to higher iron content through concentration and Iron ore is beneficiated to all around the world to meet the quality requirement of large steel industries.
The entire iron ore produced from the mine is
fed to the company’s own steel plants along with its sister companies and subsidiaries at Jamshedpur (Chhattisgarh), Kalinganagar, Meramandali (both in Odisha) and Tata Steel Long Products Gamharia (Jharkhand).
The foundation stone was laid by Odisa Chief Minister Naveen Patnaik in a virtual ceremony.
DB Sundara Raman, Vice President, Raw Materials, Tata Steel said the beneficiation plant at Joda East Iron ore Mine will prove to be a strategic addition to meet the expansion target in coming months. The company has been steadily participating in the development of Odisha and its people, he added.
The expansion project will increase direct and indirect employment opportunities in the region.
It will further project add to their social and economic growth in terms of indirect income generation opportunities.
