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03 Dec
10:56

Tata Steel Mining extends Nava ferrochrome toll agreement

Nava Bharat Ventures has signed a ferrochrome toll manufacturing agreement with Tata Steel Mining. This will see the Tata Steel subsidiary use its plant to produce 70,000 tonnes/year of high-carbon ferrochrome from 1 December 2020 to 31 March 2025. The agreement will provide operational stability for the ferro-alloy plant and associated captive power plant at Odisha, Nava Bharat Ventures observes. The deal is an extension of the one the two firms signed in 2015 (s…
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