Jindal Stainless (JSL) said that the company has signed a Memorandum of Understanding (MoU) with Tata Steel Mining (TSML) for jointly pull out the chrome ore locked up in the boundary between their mines located in Sukinda of Jajpur district, Odisha. This would help with the conservation of chromite ore which otherwise would have been left unmined forever.
M.C. Thomas, Managing Director, Tata Steel Mining, said, “I am very happy to commence this project today with JSL who has been a valued customer and partner. We are committed to sustainable mining and such a joint initiative will set examples for organizations especially in the mining industry to collaborate in the larger interest of mineral conservation and sustainability. These will redefine the way mining is done through technology, mineral conservation and safety”.
Abhyuday Jindal, Managing Director, JSL, said, “This is a very unique collaboration where JSL & TSML will derive maximum value from a joint mining effort. This effort will enhance the availability of ore in the region without any adverse environmental impact, as it’s an already explored area. The move will also benefit local economy. As responsible institutions, we are committed to sustainable mining activity in the region.”
