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Ferro Alloys Corporation resumes operations at two mines

25 Jul 2019 Evaluate

Ferro Alloys Corporation has resumed mining operations at Ostapal Chromite Mines and Kalaranglatta Chromite Mines, after settlement with the Contractor. Earlier, the company had suspended the mining work at its Ostapal Chromite Mines and Kalarangiatta chromite Mines due to additional payment sought by the Contractor beyond the terms of the contract.

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.

Peers
Company Name CMP
Nava 521.65
Indian Metal & Ferro 1124.70
Maithan Alloys 831.10
Indsil Hydro Power 35.08
Chrome Silicon 43.00
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