Tata Metaliks has received approval from the Indian government for a prospecting license of iron ore mines in the country's Maharashtra state.
The country's largest pig iron producer has been allotted the prospecting license for 154.8 hectares at Dongarpal-Sindhudurg in Maharashtra, a senior official in the Mines Ministry said.
Tata Metaliks has plants at Kharagpur in West Bengal and Redi in Maharashtra with a combined annual capacity of 650,000 tonnes of pig iron, which is used in the foundry industry and steel-making industries.
Should Tata receive the mining lease for the Maharashtra site, it would utilise the iron ore for its plant at Redi, a Tata Metaliks official said.
Tata Metaliks is in the process of setting up a 6,000,000 tonne sinter plant at Kharagpur. In Karnataka it has received the state government's go-ahead for setting up an iron and steel plant in the Haveri district.
The proposed sinter plant is expected to commission by March 2010 while the time-frame for the steel plant is not yet decided. For the sinter project, the company has roped in TCE Consulting Engineers Private Ltd as the consultant.
Source: The Hindu
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