The ArcelorMittal Nippon Steel India (AM/NS India) on Thursday announced commencement of operations at Ghoraburhani-Sagasahi iron ore mine in Sundargarh district. Spread across 139.165 hectares, the iron ore block has estimated resources of 98.61MT and is first to be auctioned in India under Mineral Auction Rule, 2015.
The captive mine is set to produce two MT of high-quality iron ore in current calendar year and the production would gradually be ramped up to its rated capacity of 7.16 MTPA. It would initially operate with direct employment of about 600 people and indirect employment of nearly 2,500 people. The ore would be supplied to beneficiation plant in Dabuna, from where feed would reach pellet plant at Paradip. AM/NS India Chief Executive Officer (CEO) Dilip Oommen said, “ArcelorMittal has significant experience in operating mines that support steelmaking operations across globe and AM/NS India will draw on industry leading practices to apply them here.” “This is yet another step by us towards enabling Odisha to achieve one trillion-dollar economy target it has set.