SAIL scouting for fluxes mines
The Steel Authority of India Ltd is scouting for fluxes mines to meet the requirement of the company, which is slated to produce 26 million tons of hot metal by 2010-11.
By PTI |
KOLKATA: The Steel Authority of India Ltd is scouting for fluxes mines to meet the requirement of the company, which is slated to produce 26 million tons of hot metal by 2010-11.
Fluxes, including limestone and dolomite, which act as reducing agent, are required in the blast furnace and steel melting shop.
"SAIL is currently in expansion mode and by 2010-11 it will require seven million tons of limestone and 4.1 mt of dolomite to meet its requirement. The company is looking for acquisition of fluxes mines," SAIL sources said.
Asked if the company has zeroed in on acquiring any such mine, the sources said that so far no fluxes mine was shortlisted for acquisition.
Currently, the company is planning to double the capacity of its limestone mine at Kuteswar from the existing level of 1.2 million tons.
But the nearby Bansagar dam on the Sone river posed the problem for the mine's expansion as there was water seepage from the dam, the sources said.
The National Geophysical Research Institute has been entrusted with the job of whether the water seepage could be prevented. "We will take the call after getting the report from the institute," the sources said.
Fluxes, including limestone and dolomite, which act as reducing agent, are required in the blast furnace and steel melting shop.
"SAIL is currently in expansion mode and by 2010-11 it will require seven million tons of limestone and 4.1 mt of dolomite to meet its requirement. The company is looking for acquisition of fluxes mines," SAIL sources said.
Asked if the company has zeroed in on acquiring any such mine, the sources said that so far no fluxes mine was shortlisted for acquisition.
Currently, the company is planning to double the capacity of its limestone mine at Kuteswar from the existing level of 1.2 million tons.
But the nearby Bansagar dam on the Sone river posed the problem for the mine's expansion as there was water seepage from the dam, the sources said.
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The National Geophysical Research Institute has been entrusted with the job of whether the water seepage could be prevented. "We will take the call after getting the report from the institute," the sources said.
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