1.05 (0.56%) Tata Steel’s -- Noamundi Iron Mine (NIM) has received 5-Star rating for sustainable development for the year 2020-21. This is for the fourth time in a row that NIM has received this honour. NIM was accorded 5-Star rating in 2017-18, 2018-19 and 2019-20 as well.
The Ministry of Mines had launched the scheme of ‘Star Rating of Mines’ for awarding the mining lease owners in 2016 for their efforts and initiatives for implementation of the Sustainable Development Framework.
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.