Ferro Alloys Corporation has suspended the mining work at the company’s Ostapal Chromite Mines and Kalarangiatta Chromite mines due to additional payment sought by the contractor beyond the terms of the contract. Alternative arrangements are being made to resume the work at the earliest. The company has adequate ore to ensure continued production of Ferro-Chrome for the present.
Ferro Alloys Corporation is one of India's largest and most established producers and exporters of High Carbon Ferro Chrome/Charge Chrome worldwide, an essential ingredient for the manufacture of steel and stainless steel.
