Tuesday, 13 Dec 2011
The Telegraph reported that Steel Authority of India Limited’s mining consultant Hatch has devised a strategy for a massive 15 fold jump in iron ore output from its Chiria mines.
Hatch’s plan, submitted to SAIL, envisages production from Chiria to reach 15 million tonnes per annum from 1 million tonnes now, which will make it the most productive ore mine in the country.
Hatch has proposed that output be raised in phases first to 7 million tonnes per annum and then to 15 million tonnes per annum.
The INR 5,000 crore investment proposal on mining facilities and an ore beneficiation plant will lead to Chiria meeting a third of SAIL’s ore requirements. With reserves of 2.2 billion tonnes, Chiria has Asia’s largest deposits of high grade ore.
Officials said SAIL had obtained stage 1 forest clearance from the forest and environment ministry for 595.075 hectares of Chiria covering the Ajitaburu, Budhaburu, Sukri-Latur and Dhobil leases. Separate environment clearances have been obtained in March for Chiria’s Budhaburu and Ajitaburu leases. The Indian Bureau of Mines have approved the mining plans for Chiria’s Ajitaburu, Budhaburu, Dhobil and Sukri-Latur leases.
SAIL executives said the development of Chiria is crucial to tits long term plans. They said “It’s the only deposit in India capable of sustaining up to 30 million tonne to 50 million tonne of mechanized mining annually. Over the next half a century, around 40% of SAIL’s iron ore requirement will be met from this one single field.”
Once the ore in the other mines in eastern India gets depleted, Chiria will be the sole supplier to it’s four integrated facilities at Bokaro, Burnpur, Durgapur and Rourkela and to the new unit being built at Burnpur.
(Sourced from telegraphindia.com)
Showing posts with label Chiria mines. Show all posts
Showing posts with label Chiria mines. Show all posts
Tuesday, December 13, 2011
Thursday, September 1, 2011
SAIL to begin iron ore production from Chiria by 2014
Thursday, 01 Sep 2011
BS reported that Steel Authority of India Limited would start producing iron ore from the Chiria mines in the West Singhbhum district of Jharkhand by 2014.
As per report, SAIL is set to finalize an investment roadmap for the project following completion of the detailed project report next month.
SAIL had appointed Hatch Associates of Australia as consultant for preparing Chiria’s project report, which would be submitted soon. It plans to develop the mine with an initial capacity of 7 million tonnes per annum to be subsequently expanded to 15 million tonnes per annum in the coming years
Mr CS Verma chairman of SAIL told Business Standard that “We are fully dependent on Chiria for all our future expansions. The mine will be a lifeline for SAIL as reserves in other mines we have been operating deplete. The mine will become operational in the next three years with likely investment of INR 3,500 crore.”
Mr Verma said that “More than 40% of the iron ore requirement of 100 million tonne would be met from Chiria.”
Chiria, with proven reserves of over 1.8 billion tonne is one of the largest iron ore mines in Asia. While environment clearance for the mine was already in place, the environment ministry accorded the forest clearance to the BSE listed company earlier this year.
SAIL produces 14.5 million tonne steel annually now but it’s iron ore requirement is set to grow from 25 million tonne at present to 100 million tonne by 2020 as production capacity expands to 60 million tonne over this period.
sourced BS
Sunday, January 16, 2011
SAIL chairman meet environment minister over Chiria mines
Sunday, 16 Jan 2011
It is reported that senior officials from steel ministry and Steel Authority of India Limited called on environment minister Mr Jairam Ramesh seeking forest clearance to mine iron ore from Chiria reserves in Jharkhand, which is mired in controversies.
An official source said that "Steel Secretary Mr PK Misra and Steel Authority of India Ltd chairman Mr CS Verma called on environment minister Mr Jairam Ramesh seeking forest clearance to one of the deposits in Chiria. The state government has renewed the lease and forest clearance from the centre is awaited.”
The minister, sources added made it clear that a final decision on it would be taken only on the recommendations of the Forest Advisory Committee which is meeting on January 18.
Sources said SAIL wants to start mining from Budhaburu (Mc-Lellan) lease of Chiria iron ore mine containing around 800 million tonnes of iron ore, for which the Jharkhand government has given in-principle approval for renewal.
Steel ministry and SAIL have been making efforts for renewal of leases for mining iron ore from Chiria reserve in Jharkhand, home to about 2 billion tonnes of rich deposits, in SAIL's favor and as per sources, the Jharkhand government has given consent for renewal of one of the leases.
SAIL and the state government have locked horns over renewal of leases for over five years now and out of six leases at Chiria with SAIL, renewal of three was under dispute with Jharkhand and is at present pending before the Supreme Court. Two leases are under deemed extension.
Of the leases that SAIL has at present, three -- Ajitaburu, Sukri-latur and Tatiburu -- are under dispute, while two, Dhobil and Ankua, are under deemed extension, Minister of State for Steel A Sai Prathap had said last month.
Total estimated reserves with SAIL in the leases of Chiria iron ore mines are about 1,840 million tonnes. The mines were originally allotted to Indian Iron and Steel Company, which was merged with SAIL in 2005.
Sourced from news.in.msn.com
It is reported that senior officials from steel ministry and Steel Authority of India Limited called on environment minister Mr Jairam Ramesh seeking forest clearance to mine iron ore from Chiria reserves in Jharkhand, which is mired in controversies.
An official source said that "Steel Secretary Mr PK Misra and Steel Authority of India Ltd chairman Mr CS Verma called on environment minister Mr Jairam Ramesh seeking forest clearance to one of the deposits in Chiria. The state government has renewed the lease and forest clearance from the centre is awaited.”
The minister, sources added made it clear that a final decision on it would be taken only on the recommendations of the Forest Advisory Committee which is meeting on January 18.
Sources said SAIL wants to start mining from Budhaburu (Mc-Lellan) lease of Chiria iron ore mine containing around 800 million tonnes of iron ore, for which the Jharkhand government has given in-principle approval for renewal.
Steel ministry and SAIL have been making efforts for renewal of leases for mining iron ore from Chiria reserve in Jharkhand, home to about 2 billion tonnes of rich deposits, in SAIL's favor and as per sources, the Jharkhand government has given consent for renewal of one of the leases.
SAIL and the state government have locked horns over renewal of leases for over five years now and out of six leases at Chiria with SAIL, renewal of three was under dispute with Jharkhand and is at present pending before the Supreme Court. Two leases are under deemed extension.
Of the leases that SAIL has at present, three -- Ajitaburu, Sukri-latur and Tatiburu -- are under dispute, while two, Dhobil and Ankua, are under deemed extension, Minister of State for Steel A Sai Prathap had said last month.
Total estimated reserves with SAIL in the leases of Chiria iron ore mines are about 1,840 million tonnes. The mines were originally allotted to Indian Iron and Steel Company, which was merged with SAIL in 2005.
Sourced from news.in.msn.com
Subscribe to:
Posts (Atom)
Posts
