Tata Steel’s 100% subsidiary Tata Steel Mining, formerly known as TS Alloys , is firming up plans for aggressive growth in its ferrochrome manufacturing capacity in India from 450,000 tonnes per annum at present to 900,000 tonnes per annum in the near future.
Tata Steel Vice President Raw Materials & Chairperson of Tata Steel Mining Limited Mr DB Sundara Ramam said “We will take the organic as well as the inorganic route to augment our ferrochrome manufacturing capacity in India, leveraging the strength of the good quality of chrome ore availability. This will make & Tata Steel Mining Limited the top ferrochrome player in India and among the top-five globally.”
Tata Steel Mining Limited has acquired three Chromite mines in the 2020 mineral auctions, namely Sukinda Chromite Mine, Saruabil Chromite Mine and Kamarda Chromite Mine, for which leases were granted for 50 years. The mines have now been operational with an annual capacity of over 1.5 million tonnes