[Ferro-Alloys.com]  Tata Steel partners with Lloyds Metals JV to develop Odisha manganese mine

Tata Steel has deepened its partnership with Lloyds Metals by tapping their joint venture to develop and operate a manganese mine in Odisha. The move aims to secure key raw materials for steelmaking and strengthen Tata Steel’s mining operations. The company currently has a manganese ore capacity of about 300,000 tonnes annually across its existing mines, according to livemint.com.

The collaboration with Lloyds Metals involves leveraging the joint venture’s expertise and resources to enhance manganese ore production in Odisha. Tata Steel’s existing manganese mines include Tiringpahar, Bamebari, Joda West, and Khondbond. This partnership is part of Tata Steel’s strategy to ensure steady access to raw materials critical for its steel manufacturing processes, as reported by livemint.com.

Manganese is a vital raw material in steelmaking, influencing strength and durability. Tata Steel’s move to expand manganese mining capacity through the Lloyds Metals JV comes amid rising demand for steel and raw materials in India. The company’s current capacity of 300,000 tonnes positions it among key domestic producers, and this development supports its efforts to reduce dependence on imports and control supply chain risks, according to livemint.com.

The partnership with Lloyds Metals JV marks a significant step in Tata Steel’s resource security strategy. The company’s manganese ore capacity across its mines stands at approximately 300,000 tonnes per year, a figure that will likely increase with this new development in Odisha.

• [Editor:tianyawei]