Tata Steel has embarked upon a Rs 1,100-crore programme to augment capacity of its iron ore mines at Joda (Orissa) and Noamundi (Jharkhand). The increased production will go to meet the larger ore requirement of the company’s
An estimated Rs 600-crore is being spent on capacity expansion of the Joda mines discovered 100 years ago and the balance Rs 500 crore on Noamundi mines. On completion of the work, expected in two years, the production of Joda mines will double to eight million tonnes (mt) annually and it will increase to more than nine mt from the present seven mt annually at Noamundi.
Now, the
This is not for the first time the Joda and Noamundi mines are undergoing modernisation or expansion. Through several modernisation programmes in the past, the production of Joda mines was stepped up from the original 0.8 mt to 2.1 mtpa first and then to three mtpa and finally to four mtpa.crackcrack
| Company Name | CMP |
|---|---|
| Tata Steel | 212.05 |
| JSW Steel | 1239.90 |
| SAIL | 173.50 |
| Jindal Stainless | 787.90 |
| APL Apollo Tubes | 2105.45 |
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