The Hindu : Tata Steel identifies partners for titanium project

Online edition of India's National Newspaper
Tuesday, Sep 23, 2003

Business

Business

Tata Steel identifies partners for titanium project

By Our Special Correspondent

CHENNAI SEPT. 22. Tata Steel has identified its consortium partners for its titanium project in Tamil Nadu.

The consortium comprises Outokumpu Finland's physical separation division based in the U.S and Outokumpu-Lurgi, Germany, Pincock Allen Holt, U.S, an international resource and mining consulting company, and Larsen and Toubro of India, an engineering company. They will carry out the feasibility study. This study will primarily comprise geological exploration, resources evaluation, preparing of mining schemes, metallurgical test work for mineral separation, ilmenite upgradation and financial analysis and assessment of techno-economic viability.

A release from the company claimed that the titanium project was of strategic importance to Tata Steel's business plan. The project was conceived with the objective of fulfilling the company's vision of "seizing the opportunities of tomorrow and create a future that will make us an EVA positive company," the release pointed out. Tata Steel, it was pointed out, firmly believed that titanium had tremendous potential in the economic development of the country.

Tata Steel's agreement with the consortium was aimed at completing the first phase within a timeframe of 20 months from the commencement of work with them. The project would be undertaken in two phases. The first phase would involve mining and separation of ilmenite and some other minerals and its subsequent upgradation into synthetic rutile or titanium dioxide Slag. The second phase would involve titanium dioxide pigment, the release added.

Printer friendly page
Send this article to Friends by E-Mail

Business