In a press release, Outotec has mentioned that it has received an order from a customer in India for the design and delivery of an Iron ore Pelletizing plant to be constructed in North-East India. The value of the order is approximately EUR 70 million and it will be booked in Outotec`s Q2 2014 order intake.
According to SteelMint, SAIL is likely to be Outotec’s customer because the company is setting up a 4 MnT pa Pellet plant in Gua (Jharkhand), expectedly in FY17.
SAIL Iron ore mines in Gua has a capacity of 2.4 MnT pa and is estimated to reach 10 MnT pa. Almost after two years, in April 2013, SAIL secured approval to carry out mining activities at the Gua mines, from the Jharkhand State Pollution Control Board.
SteelMint has not received any official confirmation from the company.
Outotec`s scope of delivery includes technology for a Traveling Grate Pelletizing plant, engineering, key process equipment as well as erection and commissioning services. Once operational the plant will produce annually 4 MnT of Iron ore pellets to be used as raw material for Steel production.
The new Pellet plant will be built to one of the oldest mine sites in India. It will allow recycling of low value Iron ore fines and slimes for conversion to value added products. Outotec has delivered nearly 70 Pelletizing plants worldwide and about two thirds of the global Pellet production derives from Outotec Traveling Grate process.
“We are happy to share our vast Pelletizing expertise with this customer to turn waste into products and thus improve their profitability. This is a very unique effort towards sustainability in India, where environmental awareness is rapidly rising. Also, this is our largest order in the extremely cost-conscious Indian market and indicates that there is demand for our innovative and sustainable solutions”, says Robin Lindahl, President – Metals, Energy & Water business area at Outotec.
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