Technology upgradation needed for mineral exploration

 

dilip jha

Mining is an important part of every economy. In a world that is already facing shortages of some of the important minerals and metals like petroleum and coal, the demand for such products is only bound to increase with time. Meeting those demands will be a challenge for the mining and minerals industry worldwide. With the increasing efforts in R&D and technological innovations, the mining and minerals industry has developed huge human resource requirements. There is already a shortage of skilled workforce throughout the world. Developments are taking place rapidly and many companies in this sector are expanding their operations and are working on new projects like the refinery being constructed by Reliance Industries Limited in Jamnagar. Also Bharat Petroleum is conducting R&D for value added products and alternate fuels. So to conclude, it can be said that mining and minerals sector has a bright future, be it in terms of employment or technology. The Mining industry in India is one of the core industries of the economy. It provides basic raw materials to many important industries. The Mining industry is characterized by a large number of small operational mines. India is endowed with huge resources of many metallic and non-metallic minerals. With barely 20% of reserves mined, India presents a major opportunity for investors. India has large reserves of Iron ore, Bauxite, Chromium, Manganese ore, Baryte, Rare earth and Mineral salts. India produces as many as 95 minerals, which includes 4 fuel, 10 metallic, 23 non-metallic, 3 atomic and 55 minor minerals (including building and other materials). In 2015-16, there were more than 2,101 reported mines excluding atomic and minor minerals, natural gas and petroleum (crude) Out of 2,101 reported mines, 274 were located in Madhya Pradesh followed by Tamil Nadu (252), Gujarat (225), Jharkhand (211), Chhattisgarh (162), Odisha (157), Karnataka (146), Andhra Pradesh (135), Maharashtra (134), West Bengal (100). These 10 states together accounted for 85% of the total number of mines in the country in 2015-16. Among them, 558 mines belonged to coal and lignite, 668 to metallic minerals and 975 to non-metallic minerals.

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Indian Mining Sector Highest Taxed in the World

sunil

Sunil Duggal is President, FIMI and Vedanta’s Global CEO for Metals and Mining for Group companies including Sterlite Copper, Vedanta Zinc International – Africa and Ireland, Copper Mines of Tasmania – Australia. He is also the CEO and Whole-time Director of Hindustan Zinc Limited since October 2015. He joined the company in the year 2010 as Executive Director, became Chief Operating Officer in the year 2012 and was Dy. CEO from 2014. In his previous stint, he worked with Ambuja Cement for 20 years, wherein, he drove the growth of the company to plus 20 million tons. He was President at the time of leaving. A result oriented professional with over 36 years of experience of leading high-performance teams and 20 plus years in leadership positions. He is known for converting challenges into opportunities, his ability to keep a level head at all times, nurture and grow a business and successfully drive efficiency and productivity whilst reducing costs by embracing new technologies and innovation. His dedicated efforts on sustainability has helped building a robust safety and sustainability culture. Under his able leadership, HZL has been ranked first in Environment Category and 5th in Sustainability globally by Dow Jones Sustainability Index. His thrust on adopting best-in-class mining and smelting techniques, state of art environment friendly technologies and mechanisation, automation and digitalization of operational activities has added great value. He was born and brought up in Amritsar and comes from a humble background. His initial education is from DAV school, Amritsar and has an Electrical Engineering degree from Thapar Institute of Engineering & Technology, Patiala. He is an Alumni of IMD, Lausanne – Switzerland and IIM, Kolkata. He is serving as Vice Chairman – International Zinc Association, President – Federation of Indian Mineral Industries, President – Indian Lead Zinc Development Association. Recently, he has been appointed as the Chair – CII National Committee on Mining. In an interview to Sanjay Singh, Assistant Editor of Steelworld, Duggal says that the mining industry in India is still the highest taxed in the world. Now, the effective tax rate in India works out to be 58% for existing mines and 54% for new mines granted through auction.

for the exclusive interview with Sunil Duggal click here

Performance delivered – The Yıldız Demir Çelik Cold Mill Complex in Turkey

TECH

Yıldız Entegre Holding has more than 100 years’ experience in industry and commerce, and in 2015 it decided to enter the steel business through its subsidiary company, Yıldız Demir Çelik. Danieli was selected as technology partner and supplier of its first steel processing plant : a new, complete cold-mill complex setup representing latest
technologies to produce 1.5M tons per year of high quality cold-rolled, tempered
and coated coils.

The p15:14 30-09-2019roduct range includes white goods applications, commercial, structural and construction grades, IF, HSS, HSLA and DP material, for demanding customers in local and international markets. In 2018 the new installation at Kocaeli started operating in sequence, and already it is producing in excess of the contractual production rate. Danieli acted as the single-source supplier for mechanical, electrical and automation equipment, and the innovative technological solutions and process knowhow applied at Yıldız have been developed by Danieli through continuous in-field experience and R&D improvements.

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Indian Structural Steel Fabrication Seminar 2019

event

Indian Steel construction industry is growing at a rapid phase in sectors like railways infrastructure for augmentation of high speed, semi-high speed and dedicated freight corridors network for commercial and industrial transportation.
These points were deliberated at the Indian Structural Steel Fabrication Summit 2019. The speakers spoke on the central government investments on new projects year on year, and said there is a big scope seen in terms of steel fabricated structures from plates welded and box girders for making an open truss steel bridges for faster installation and laying rail networks where ever possible. for complete report click here

Sponge Iron industry passing through difficult times

vijay

Vijay Jhanwar is the President of Chhattisgarh Sponge Iron Manufacturers Association. A first-generation entrepreneur who has successfully turned around a few NPA small sized steel plants including the only sponge iron plant of Bastar.

In an interview with Sanjay Singh, Assistant Editor of Steelworld, Jhanwar spoke in details about the issues facing the sponge iron industry in India. He also underlined the need for participation of smaller industries in the auction process of mines be allowed so to have a fair distribution of resource and even a fair competition.

Sponge Iron industry passing through difficult times What is the present status of the sponge iron industry? Sponge iron industry is going through quite a difficult market conditions because there has been a crash in steel prices in last 3 months. The demand for finished steel is less from all the sectors. Sponge iron market is totally dependent on finished steel demand and its domestic price. Unfortunately, this time the raw material prices especially

For this exclusive interview click here

 

16th Iron & Steel Summit

Featured

 

Iron and Steel Summit, Raipur 14 December 2019 (1).jpg

India is the world’s largest producer of sponge iron, accounting for approximately 13 per cent of the global production. Since non-coking coal is abundantly available in India, coal based sponge iron contributes about 80 per cent of the total sponge iron producing capacity in the country. Due to scarcity of coking coal for the blast furnace route, Indian coal based sponge iron production expanded over the last decade. Today, though India has 35 MTPA installed capacity for DRI, the production has come down from 24.8 MT in 2010 to 20.05 MT in 2012, 17.81 MT in 2013, 17.31 MT in 2014 and 17.87 in 2015. Leading states in sponge iron production are Odisha, Chhattisgarh, West Bengal and Jharkhand. Odisha occupies the top position accounting for 36 per cent of the total coal based sponge iron producing capacity in the country followed by Chhattisgarh (27%), West Bengal (14%) and Jharkhand (8 %).

Presently, the situation in the iron & steel industry is very bad. With the acute shortage of key raw materials – iron ore and coal, demand stagnation and stringent government policies are squeezing the iron & steel companies in India. Medium & large units can still continue to run especially those having captive iron ore and coal mines. Forward integration to steel making & rolling along with co-gen module did give some stability to these units but at present, they are all struggling to survive !

The Summit

The ‘Iron & Steel Summit’, being organised for the last 15 years, has been considered as the most valuable platform to facilitate discussions and debates on technological, process related and market dynamics aspects. The Summit addresses the issues related to beneficiation & pelletization, Sponge Iron Making, its viability, Co-generation and also viability of such projects. It discusses the technology involved at various stages of steel making such as melting, continuous casting, rolling, downstream processing etc. The process parameters of beneficiation & pelletization, and their influence on the plant performance will be evaluated in the summit. Apart from this, down the line processes such as melting, continuous casting and rolling will also form an important aspect of this meet. The summit addresses itself to the issue of sustainable growth of integrated mini steel complexes. It will discuss the strategies to combat the price and demand fluctuations as well as the possibility of technology up-gradation in the future. The product diversification and forward integration options such as special steel making, pipe & tube making will also be discussed. The environmental norms are becoming strict gradually and need to be addressed for a sustainable and green industry.

The deliberations will consist of experts in the field, representatives of various trade associations, senior executives from related government departments (state as well as central) etc. It will also highlight the case studies of the organisations already engaged in the above activities and can serve as an important guideline for others.

Your presence to the summit will introduce you to various business opportunities in steel industry.
for complete brochure and registration form click here