Tata Steel to resume mining in Jharkhand in 2-3 days

Jamshedpur: A day after Jharkhand Government's assurance to initiate steps to renew Tata Steel's iron ore mine, the company today expressed hope that mining activities would be resumed in a couple of days.“There are some
tata steel to resume mining in jharkhand in 2 3...
PTI 01 Jan 2015, 04:34 PM IST

Jamshedpur: A day after Jharkhand Government's assurance to initiate steps to renew Tata Steel's iron ore mine, the company today expressed hope that mining activities would be resumed in a couple of days.

“There are some formalities needed to be completed, which will be done in two-three days, and than we'll resume our production activity in the Noamundi mine, which remained closed since September last on renewal of lease issue,” Tata Steel Managing Director (India and South East Asia) T V Narendran said here.

“We are getting support from the new state government and all the problems will be sorted out soon,” he said, expressing confidence that the stable government in the State would carry out developmental work fast.

Expressing happiness over the approach of the government in renewal of iron ore mines, Narendran said, “We had a difficult time importing iron ore, but we have learnt a lesson while facing difficulty and challenges.”

“We never thought we had to import iron ore for a company operating for so long,” he said, admitting that the company did not have enough storage capacity.

“We have imported five million tonnes of ore since the closure of mining activities in September, causing over a century-old company to pass through difficult time,” he said, adding the company had stock to manage for sometime till mining operations resumed in the State.

Referring to the Kalinganagar project in Odisha, Narendran said the first phase of three million tonnes was expected to be commissioned in the next couple of months as Tata Steel had focused on the Greenfield project.

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