Tata Steel Mining Limited (TSML), formerly known as TS Alloys Limited and a 100% subsidiary of Tata Steel Limited, is firming up plans for aggressive growth in its ferro chrome manufacturing capacity in India from 450,000 tonnes per annum (tpa) at present to 900,000 tpa in the near future.
TSML had acquired three chromite mines in the 2020 mineral auctions, namely the Sukinda chromite mine, Saruabil chromite mine and Kamarda chromite mine, for which leases were granted for 50 years. The mines have now been operational with an annual capacity of over 1.5 million tonnes (MnT), making the company the largest player in chrome ore mining in India.
The idea behind the initiative is to use the chromite ore optimally to make ferro chrome to serve its growing base of Indian and global customers, who are in the business of manufacturing stainless steel.
D.B. Sundara Ramam, Vice-President, Raw Materials, Tata Steel, and Chairperson, Tata Steel Mining Limited, said: “We will take the organic as well as the inorganic route to augment our ferro chrome manufacturing capacity in India, leveraging the strength of the good quality of chrome ore available. This will make TSML the top ferro chrome player in India and among the top five globally. It makes sense to focus on value-addition and convert the chrome ore to ferro chrome.”
TSML is a 100% subsidiary of Tata Steel Limited and headquartered in Bhubaneswar, Odisha. The company is working to develop commercial mining opportunities in addition to the ferro alloys business. Apart from having ferro chrome plants in Athagarh and Gopalpur in Odisha, the company has three chromite mines, Sukinda, Kamarda and Saruabil, in Jajpur district of the state. TSML is a member of the Federation of Indian Mineral Industries (FIMI).