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Tata Steel Mining, Jindal Stainless join hands for chrome ore mining

Tata Steel Mining, Jindal Stainless join hands for chrome ore mining
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Tata Steel Mining to double ferro chrome output - The Hindu BusinessLine

Tata Steel Mining to double ferro chrome output April 16, 2021 Ferro chrome is used in the production of stainless steel   -  Udit Kulshrestha× To meet the growing demand of stainless steel manufacturers Tata Steel Mining (formerly TS Alloys), a wholly owned subsidiary of Tata Steel, plans to double its Ferro Chrome manufacturing capacity in India to 9 lakh tonnes per annum from the current level of 4.50 lakh tonnes per annum. The company had acquired three Chromite mines Sukinda Chromite Mine, Saruabil Chromite Mine and Kamarda Chromite Mine last year in the mineral auctions. The leases of these mines are valid for 50 years. The mines have an annual capacity of over 1.5 million tonnes, making it the largest player in Chrome ore mining in India.

IN CASE YOU MISSED IT: 5 key stories from February 17

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2021 PREVIEW: Zimbabwe likeliest beneficiary of South Africa chrome ore tax - poll

South Africa’s chrome ore export tax would boost investment in Zimbabwe’s chrome ore industry if it goes ahead, according to a majority of buy-side respondents to a Fastmarkets poll of UG2 market participants on the sector's outlook. Fastmarkets senior analyst Robert Cartman provides his take.

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