Tata Steel’s subsidiary company -- Tata Steel Mining and Jindal Stainless have signed memorandum of understanding (MoU) to jointly unearth chrome ore locked up in the boundary between their mines located at Sukinda in Odisha's Jajpur district. This initiative will help conservation of chromite ore which otherwise would have been left unmined forever.
This unique partnership sets an example for sustainable chrome ore mining in an innovative manner. Both the companies would now initiate steps to get necessary statutory approvals from authorities concerned before jointly starting mining operations.
Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.
