Tata Steel Mining (formerly TS Alloys), a wholly-owned subsidiary of Tata Steel, plans to double its Ferro Chrome manufacturing capacity in India to nine lakh tpa from the current level of 4.50 lakh tpa.
The company had acquired three Chromite mines -- Sukinda Chromite Mine, Saruabil Chromite Mine and Kamarda Chromite Mine -- in 2020 in mineral auctions. The leases of these mines are valid for 50 years. The mines have an annual capacity of over 1.5 million tonne.
The company plans to use the Chromite ore optimally to make Ferro Chrome and meet the growing demand of stainless steel manufacturers.