· Electronics & Manufacturing · Source: livemint.com

Tata Steel taps Lloyds Metals JV to develop, operate manganese mine in Odisha

Why it matters

Why it matters for greenfield investors: Tata Steel taps Lloyds Metals JV to develop, operate manganese mine in Odisha. Minerals and mining rules feed straight into greenfield supply-chain and location risk for manufacturers.

Tata Steel has appointed Brahmani River Pellets Ltd, a joint venture between Tata Steel and Lloyds Metals, as the mine developer and operator for its Joda West manganese mine in Odisha. The partnership is aimed at strengthening mining operations and securing key raw materials for steelmaking. Tata Steel has around 300,000 tonnes of annual manganese ore capacity across four mines in Odisha.

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