Indian Metals & Ferro Alloys declares lockout at Therubali Unit

Indian Metals & Ferro Alloys has declared lockout at the company's Therubali unit in Rayagada District, Odisha with effect from 'A shift' on November 21, 2015 consequent to illegal action by workers in not reporting for duty.

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.