Tata Steel focuses on increasing iron ore production to 45 mtpa in 5 yrs

Jamshedpur | Saturday | 27th November, 2021

Summary:

Jamshedpur, Nov 27 (PTI) Tata Steel will focus on augmenting iron ore production from 30 million tonne per annum to 45 mtpa in the next five years, a company official said on Saturday.

The total iron ore production from the steelmakers" captive mines in Noamundi in Jharkhand and in Katamati, Joda and Khondbond blocks in Odisha, is about 30 mtpa, he said.

"In the next five years, we will focus on increasing iron ore production capacity to 45 mtpa in line with the expansion in the steel making facilities in the country," company"s ore, mines and quarries (OMQ) division general manager Atul Kumar Bhatnagar said.

He, however, claimed that the present capacity is sufficient to meet the iron ore requirement in Tata Steel"s manufacturing facilities in Jharkhand"s Jamshedpur and Odisha"s Kalinganagar.

The steelmaker had started its iron ore mining operation at Noamundi in 1925 and the mine will turn 100 in 2025, he said.

During the 5th National Conclave on Mines & Minerals in New Delhi on November 23, Noamundi iron ore mine was accorded the "five-star rating" for three consecutive years from 2017-18 for sustainable development.