Steel Authority of India Ltd (SAIL) will step up the production from its mines to 38 million tonnes in keeping with the steel capacity expansion.
SAIL will invest Rs 10,264 crore to develop its mines to cater to its increased iron ore requirement. Post- expansion, capacity of existing mines at Kiriburu, Meghahatuburu and Bolani would increase from 4.2, 4.3 and 4.1 million tonnes to 5.5, 6.5 and 10 million tonnes. The project would be completed by 2012-13, that is when SAIL would achieve 23 million tonnes capacity. Gua ore mines will also developed upto 10 million tonnes along with beneficiation and pelletisation facilities.
SAIL’s raw material division has chalked out a three pronged strategy to double production: increasing production from existing mines through debottlenecking and introducing higher capacity heavy earth moving equipment, apart from enhancing capacity of its existing mines.
SAIL has appointed consultants for developing the iron ore mines at Chiria, Taldih at Rowghat. The detailed project report for Chiria mines is being prepared by Hatch Associated Pte Ltd, Australia and for Taldih project it is being done in consultation with Metchem, Canada, by SAIL’s in-house consultant, CET.
