Latest news with #ReducedIron
Indian Express
20-07-2025
- Business
- Indian Express
Days after after passage of Public Security Bill, Maharashtra CM Fadnavis to inaugurate iron ore projects in Gadchiroli
Over a week after the state government passed the Maharashtra Special Public Security Bill to tackle left-wing extremism, Chief Minister Devendra Fadnavis is slated to inaugurate a slew of projects in Naxal-affected Gadchiroli district on Tuesday. The chief minister will inaugurate the first phase of the 5-Million Tonnes Per Annum (MTPA) iron ore grinding plant and a 10 MTPA slurry pipeline project – the first operational iron ore slurry pipeline in the state – at Hedri in Gadchiroli. CM Fadnavis will also lay the foundation stone for several projects, including a 4.5 MTPA Integrated Steel Plant at Konsari, a 100-bed multispeciality hospital, a school, and a 116-acre Lloyds Township in the Naxal-affected region. Government sources said the 85-km-long slurry pipeline will establish a seamless and environment-friendly logistics link between Hedri and a pellet plant at Konsari, ensuring reliable ore transportation while lowering the carbon footprint by 55 per cent. In a remarkable development, the grinding plant, constructed by the Lloyds Metals & Energy Limited (LMEL), has employed 65 former Naxals – 27 in the administration department, 29 in civil/construction, and nine in the mechanical department. The facility was readied in a year. B Prabhakaran, Managing Director, LMEL, said, '22nd July, 2025, is going to be recorded in the history of Gadchiroli as well as Maharashtra in golden letters… After successful green operations of iron ore mines at Surjagarh, commissioning of the DRI (Direct Reduced Iron) plant and pellet plant at Konsari, now a giant leap of faith is being taken in the form of an integrated steel plant.'
Time of India
03-07-2025
- Business
- Time of India
Tata Steel on track for green steel transition in UK and Netherlands: Chairman N Chandrasekaran
Tata Steel expects to complete its transition to low-emission steel production in the UK and the Netherlands as scheduled, Chairman N Chandrasekaran told shareholders at the company's 118th Annual General Meeting on Wednesday. 'We remain confident that the transition to green steel making in the UK and the Netherlands will happen as per our plans, in the next few years,' he said. UK operations move towards Electric Arc Furnace technology In the UK, Tata Steel has taken steps toward low-emission steelmaking by decommissioning two blast furnaces at its Port Talbot site . The company plans to introduce Electric Arc Furnace (EAF)-based steelmaking by fiscal 2028. This transition is supported by £500 million in funding from the UK government. As per a PTI report, upstream operations in the UK have been shut. Tata Steel is now using substrates from its operations in India and the Netherlands to meet existing customer requirements in the UK. The Port Talbot plant has an annual capacity of 3 million tonnes. Dutch unit seeks government support In the Netherlands, Tata Steel is in discussions with the Dutch government for financial and policy support for its decarbonisation plan . The company has also launched a cost transformation programme targeting savings of €500 million by fiscal 2026. It aims to make Tata Steel Nederland one of Europe's more efficient and sustainable steelmakers. The company's plant at IJmuiden produced around 6.75 million tonnes of liquid steel in FY25. Under its green steel transition plan, one of the two blast furnaces at the site is set to be replaced with a Direct Reduced Iron furnace and an EAF by the end of the decade. During the AGM, Chandrasekaran said Ratan Tata 's commitment played a key role in Tata Steel's growth into a global company and in strengthening its core values.
Time of India
03-07-2025
- Business
- Time of India
Tata Steel on track for green steel transition in UK and Netherlands: Chairman N Chandrasekaran, ET Infra
UK operations move towards Electric Arc Furnace technology Advt Dutch unit seeks government support By , ETInfra Tata Steel expects to complete its transition to low-emission steel production in the UK and the Netherlands as scheduled, Chairman N Chandrasekaran told shareholders at the company's 118th Annual General Meeting on Wednesday.'We remain confident that the transition to green steel making in the UK and the Netherlands will happen as per our plans, in the next few years,' he the UK, Tata Steel has taken steps toward low-emission steelmaking by decommissioning two blast furnaces at its Port Talbot site . The company plans to introduce Electric Arc Furnace (EAF)-based steelmaking by fiscal 2028. This transition is supported by £500 million in funding from the UK per a PTI report, upstream operations in the UK have been shut. Tata Steel is now using substrates from its operations in India and the Netherlands to meet existing customer requirements in the UK. The Port Talbot plant has an annual capacity of 3 million the Netherlands, Tata Steel is in discussions with the Dutch government for financial and policy support for its decarbonisation plan . The company has also launched a cost transformation programme targeting savings of €500 million by fiscal 2026. It aims to make Tata Steel Nederland one of Europe's more efficient and sustainable company's plant at IJmuiden produced around 6.75 million tonnes of liquid steel in FY25. Under its green steel transition plan, one of the two blast furnaces at the site is set to be replaced with a Direct Reduced Iron furnace and an EAF by the end of the the AGM, Chandrasekaran said Ratan Tata's commitment played a key role in Tata Steel's growth into a global company and in strengthening its core values.
