The Business Bytes
ROURKELA, JUNE 24, 2024 (TBB BUREAU): The Odisha Group of Mines (OGoM), operating under Rourkela Steel Plant (RSP), has achieved unprecedented milestones in iron ore production and dispatch for the financial year 2023-24. The group recorded its highest ever annual iron ore production, reaching 14.304 million tonnes (MT), a 2.76 per cent increase from the previous year’s 13.92 MT. Concurrently, the group achieved a record annual iron ore dispatch of 14.154 MT, a 3.84 per cent increase from the previous best of 13.810 MT in FY2021-22.
Several individual mines within the group have also set new records. Bolani Ore Mines reported its best ever annual iron ore production of 7.20 MT, surpassing the previous record of 7.11 MT in FY2022-23. Similarly, Taldih Iron Mines reached its highest annual production since inception, with a total of 1.489 MT of iron ore, up from 1.34 MT the previous year. This included a record production of 0.559 MT of iron ore lump and 0.930 MT of iron ore fines, both exceeding their respective previous bests.
Kalta Iron Mines also contributed to the success with a record production of 1.964 MT of iron ore fines, marginally higher than the previous year’s 1.959 MT. Additionally, best ever monthly production figures were recorded across the mines in December 2023. Bolani achieved 476,875 tonnes of fines and a total production of 745,955 tonnes, while Taldih produced 177,641 tonnes. The Odisha Group of Mines collectively reached 526,857 tonnes of lumps and 983,331 tonnes of fines, setting new monthly benchmarks.
On the dispatch front, Bolani Ore Mines achieved its best ever annual iron ore dispatch of 7.39 MT, with iron ore fines and lumps dispatching 4.71 MT and 2.68 MT, respectively. Taldih Iron Mines reported a record dispatch of 1.448 MT, including 0.549 MT of lumps and 0.903 MT of fines. Kalta Iron Mines also marked its highest dispatch of 1.927 MT of iron ore fines.
Adding to these achievements, the group commenced the dispatch of manganese ore from the 6.9 Square Mile lease of Bolani Ore Mines. The inaugural shipment of 1136 tonnes was dispatched to Rourkela Steel Plant on August 30, 2023, marking a significant milestone in expanding the mine’s operational portfolio.
These accomplishments underscore the Odisha Group of Mines’ commitment to operational excellence and its pivotal role in supporting RSP. The group continues to strive for higher benchmarks, contributing significantly to the steel industry’s supply chain.
