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State-run steel major SAIL has signed a memorandum of understanding (MoU) with Kerala State Industrial Development Corporation (KSIDC) and Kerala Minerals and Metals Ltd(KMML) for setting up of a titanium project in Kerala.
The MoU was signed today at Thiruvananthapuram between SAIL, KSIDC and KMML in presence of Kerala Chief minister Oommen Chandy.
In the first phase, a Titanium Sponge and Metal Plant based on supply of Titanium Tetrachloride by KMML will be considered. In subsequent phases, backward and forward integration will be explored for ensuring long term viability of the project, statement from SAIL said.
This will be second major titanium project in Kerala, after first titanium sponge plant was put up at KMML’s Chavara complex in Kerala between KMML, Vikram Sarabhai Space Centre (VSSC) and the Defence Metallurgical Research Laboratory in 2011.
