Metkore Alloys & Industries has signed a metal recovery services agreement with Harsco India, a subsidiary of Harsco Corporation, USA for recovering Ferro Chrome Metal from the slag generated at its plant in Tekkali.
The metal recovery plant (MRP) has a capacity to process two lakh MT of slag per annum and will be initially set up in Tekkali. The MRP will be shifted to the ferro alloy facility at Bishnupur in West Bengal after 3 years. The period of the services contract is seven years over which the plant is expected to process 1.4 million MT of slag to recover around 35000 MT of metal.
The technology for the ferro chrome metal recovery process is imported from South Africa. Harsco will be responsible for installation, operation and maintenance of the facility. The MRP aims to convert waste to wealth creation and reinforces Metkore’s commitment to a clean environment. The processed slag can be used for brick making and road construction works. Besides, the metal recovery plant will improve the profitability of the company considerably and it is planned to be commissioned by May, 2013.
Metkore Alloys & Industries (formerly Cronimet Alloys India) is engaged in the manufacture of high carbon ferro-chrome for use in the stainless steel industry. The company’s plant has an installed capacity of 25,000 MT with one 6 MVA and one 9 MVA furnace. It manufactures two standard grades of ferro chrome i.e. high silicon and low silicon.
