Foundation stone laid for new iron ore pelletising project in Oman

Foundation stone laid for new iron ore pelletising project in Oman

MUSCAT, NOV 5

Jindal Shadeed Iron & Steel (JSIS), which operates a major integrated steel complex at Sohar Port and Freezone, has announced that its affiliate Vulcan Pelletizing LLC has commenced construction work on an iron ore pelletising plant on its premises.

In a post on its social media account over the weekend, Jindal Shadeed said the project, when fully operational, will be the largest single kiln pelletising plant in the Gulf region.

The 6 million tonnes per annum (MTPA) capacity plant will provide the required feedstock for Jindal Shadeed’s steel manufacturing operations in Suhar. As a captive project, its output will be wholly dedicated to meeting the raw material requirements of Jindal’s steel mill at the industrial port.

The foundation-stone laying ceremony was led by V R Sharma, Vice Chairman of India-based Jindal Group, who also underlined the significance of the pelletising plant to ensure reliable and sustainable raw material supplies to Jindal Shadeed. Pellet quality is also key to ensuring the smooth functioning of the steel mill complex, he noted.

Also present was Sanjay Anand, Managing Director of Vulcan Group, which acquired a significant stake in Jindal Shadeed Iron & Steel following the exit of its previous owner — India-based conglomerate Jindal Power