 "SAIL resumes Barsua iron ore mines after four years, following SC nod")
Steel Authority of India Ltd (SAIL) has resumed production at its Barsua iron ore mines after a gap of four years. Barsua iron ore mines fall under the jurisdiction of SAIL's raw material department (RMD) and primarily feed the company's steel plants at Rourkela and Bokaro, apart from other units.
The timing of the reopening of SAIL's Barsua mines coincides with the firing of the Parvati blast furnace at its Rourkela unit. Rebuilt with state-of-the-art technology, the blast furnace was lighted on May 8. It has a capacity to produce 1.015 million tonnes of hot metal a year.
SAIL is ramping up hot metal production, and the enhanced requirement of iron ore will be met by the mines of RMD. In the current fiscal, RMD’s mines in Odisha and Jharkhand are set to produce about 24.50 million tonnes of iron ore. Barsua’s production will be integral to achieve the target.
Production at Barsua was discontinued in May 2014 due to certain legal issues. The Supreme Court disposed the case in SAIL's favour on May 11 this year and allowed Barsua iron mine to resume production, read a SAIL release.
The timing of the reopening of SAIL's Barsua mines coincides with the firing of the Parvati blast furnace at its Rourkela unit. Rebuilt with state-of-the-art technology, the blast furnace was lighted on May 8. It has a capacity to produce 1.015 million tonnes of hot metal a year.
SAIL is ramping up hot metal production, and the enhanced requirement of iron ore will be met by the mines of RMD. In the current fiscal, RMD’s mines in Odisha and Jharkhand are set to produce about 24.50 million tonnes of iron ore. Barsua’s production will be integral to achieve the target.
Production at Barsua was discontinued in May 2014 due to certain legal issues. The Supreme Court disposed the case in SAIL's favour on May 11 this year and allowed Barsua iron mine to resume production, read a SAIL release.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%