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Indian Metals & Ferro Alloys stops operations at Mahagiri Chromite Mines

01 Nov 2013 Evaluate

Indian Metals & Ferro Alloys’ operations at Mahagiri Chromite Mines has been stopped with effect from October 29, 2013 since compliance of certain conditions imposed by Ministry of Environment & Forests (MoEF), Government of India could not be completed within the stipulated time. The company is taking the necessary actions to comply with the same and it expects to resume mining operations soon.

Indian Metals & Ferro Alloys is primarily involved in the production of ferro alloys including charge-chrome (high-carbon ferro-chrome), and has an installed furnace capacity of 157 MVA in its two units in Therubali and Choudwar districts of Orissa. The company’s operations are supported by a 108 MW captive thermal power plant (at Choudwar) and captive chromite mines.

 

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