In order to meet the increase in iron ore requirement following the expansion of its steel plant, Steel Authority of India (SAIL) is in the process of upgrading its captive ore mines.
The company plans to raise its iron ore production to 39 million tonne per annum in line with its mega expansion plan of producing over 23.6 million tonne per annum hot metal from the present capacity of 13.2 million tonne.
As part of this plan, the state-run steel maker will invest 10,284 crore for development of the mines under Raw Material Division (RMD) and Bhillai.
In Jharkhand, SAILÂ’s RMD, holds seven captive iron-more mines at Kiriburu, Meghahatuburu, Gua and Chiria. In Odisha, the division holds Bolani, Barsua and Kalta mines. The division is working on the modernisation and capacity expansion of these mines.
Further, the firm would develop its Gua mine up to 10 mn tpa along with installation of beneficiation and pelletisation facilities with an investment of Rs 3,000 crore. Initially, the production capacity of the oldest and largest mechanised Gua mine will be 2.4 million tonne.
The firm resumed operation at the iron ore mine in West Singhbhum district of Jharkhand after it received approval from the state pollution control board.
The operation in the mine was suspended since June, 2011, in the absence of environment and pollution department clearances, which has now been procured.
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