Tata Steel Mining and Jindal Stainless MoU for Chrome ore mining

  • Industry News
  • Jul 20,21
This is a win-win-win partnership for the State of Odisha, TSML and JSL. Both the companies would now initiate steps to get necessary statutory approvals from concerned authorities before jointly starting mining operations.
Tata Steel Mining and Jindal Stainless MoU for Chrome ore mining

Bhubaneswar

Tata Steel Mining Limited (TSML) and Jindal Stainless Limited (JSL) has signed an MoU on July 16, 2021 to jointly unearth the Chrome Ore locked up in the boundary between their mines located in Sukinda of Jajpur district, Odisha. This would help conservation of chromite ore which otherwise would have been left unmined forever.

MC Thomas, Managing Director, Tata Steel Mining, said, “I am very happy to commence this project today with JSL who has been a valued customer and partner. We are committed to sustainable mining and such a joint initiative will set examples for organizations especially in the mining industry to collaborate in the larger interest of mineral conservation and sustainability.  These will redefine the way mining is done through technology, mineral conservation and safety.”

Abhyuday Jindal, Managing Director, Jindal Stainless Limited, said, “This is a very unique collaboration where JSL & TSML will derive maximum value from a joint mining effort. This effort will enhance the availability of ore in the region without any adverse environmental impact, as it's an already explored area. The move will also benefit local economy. As responsible institutions, we are committed to sustainable mining activity in the region.”

This unique partnership sets an example for Sustainable Chrome Ore Mining in an innovative manner. This is a win-win-win partnership for the State of Odisha, TSML and JSL. Both the companies would now initiate steps to get necessary statutory approvals from concerned authorities before jointly starting mining operations.

The MoU was signed at Bhubaneswar by MC Thomas, Managing Director, Tata Steel Mining Limited; and Shashibhushan Upadhyay, Vice President (Projects), Jindal Stainless Limited. Ratan Jindal, Chairman, Jindal Stainless Limited; Abhyuday Jindal, Managing Director, Jindal Stainless Limited; and other senior officials from both companies had joined virtually for this special occasion.

Image Caption: (L-R) Managing Director, TSML, MC Thomas and VP-Projects, Jindal Stainless Limited, Shashibhushan Upadhyay signing the MoU.


Related Stories

Auto & Auto Components
Ashok Leyland and Minus Zero join hands to revolutionise autonomous trucking

Ashok Leyland and Minus Zero join hands to revolutionise autonomous trucking

The initial focus of this collaboration will be on developing tailored autonomous trucking solutions for ports, factory operations and corporate campuses

Read more
Auto & Auto Components
Jindal Stainless teams up with JBM Auto for energy-efficient electric buses

Jindal Stainless teams up with JBM Auto for energy-efficient electric buses

JBM Auto is also working towards transitioning its export orders for electric buses, into energy-efficient stainless steel buses. The material will be supplied through Jindal Stainless’ domestic s..

Read more
Fabrication
IIT Kharagpur innovations “iToFD” and “iWeld” shortlisted for TechEx 2024

IIT Kharagpur innovations “iToFD” and “iWeld” shortlisted for TechEx 2024

IIT Kharagpur’s latest innovation “iToFD” and “iWeld” on AI-enabled non-destructive testing for weld defect analysis, from Centre of Excellence in Advanced Manufacturing Technology have b..

Read more

Related Products

Gear/Transmission Oils

Mining and Oil Refining Machinery & Accessories

GS-Caltex India offers gear/transmission oils - Kixx ATF synthetic

Read more

Request a Quote

Sand Washers With High Fines Recovery Dual

Mining and Oil Refining Machinery & Accessories

Nesans Mining and Automation offers premium range sand washers with high fines recovery for aggregates and other mineral processing industries.

Read more

Request a Quote

Underground Mining Loader

Mining and Oil Refining Machinery & Accessories

Gmmco Ltd offers a wide range of underground mining loader- R1300G.

Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back