Business Standard reported that Jindal Steel and Power has proposed to set up one million tonne per annum capacity iron ore beneficiation plant at Raikela village in Sundergarh district.

The beneficiation plant would come up within the company’s leasehold area of 207.787 hectares at TRB (Tantra, Raikela, Bandhal) mines.

A JSPL official said that “About INR 300 crore to INR 400 crore will be invested in the new plant that will process low grade iron ore with Fe content ranging 45 to 55%. The raw materials will be sourced from TRB mines of the company.”

The official added that timeline of the plant could not be estimated as the company is yet to obtain the clearances from the government.

JSPL has earmarked an area of 5.06 hectares for the iron ore processing plan and 4.335 hectares for trailing pond as non-mineralised zone within the premises.

The company has requested the state directorate of geology for issuing the non-mineral zone certificate in respect of the proposed land.

Source - Business Standard

(www.steelguru.com)