Bhubaneswar: Neelachal Ispat Nigam Limited. (NINL)’s Koira captive iron ore mines is going to be operational soon. The mines has been accorded Stage-I clearance by the union environment and forest ministry. The steel company, jointly owned by Central-sector MMTC and Odisha government, will now undergo the process of getting Stage-II forest clearance.
The mines, which has been accorded environment clearance for raising 2 million tonnes per annum by the union environment & forest ministry , would start operations after the State-II or the final forest clearance.
NINL, which has set up a 1.1 million tonne steel plant at Kalinganagar near Dubri in Odisha’s Jajpur district, was been leased out a iron ore mines in Koira sector in Sundergarh and Keonjhar districts on January 11, 2017. The captive mines, spread over 874 hectates, promises a reserve of 102 million tonnes.
The NINL’s integrated steel plant is currently producing pig iron, steel billets and LAM coke, coke breeze, nut coke, crude tar, ammonium sulphate and granulated slag. The company is set to ramp up its capacity and diversify its product mix with the mines becoming operational.