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Essel Mining & Industries Ltd.  
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mining | ferrochem | windpower

Essel Mining & Industries Ltd

Established in 1950, Essel Mining & Industries Limited is one of India’s largest iron ore mining companies in the non-captive private sector, and the largest producer of noble ferro alloys. All the divisions are accredited with ISO 9001 (Quality Management System), ISO 14001 (Environment Management System) and OHSAS 18001 (Occupational Health and Safety Management System). Its commitment to sustainable development has seen the company venture into wind power generation.

Mining division
The mining division has its iron ore operations in the mineral rich Barbil-Barajamda belt of Odisha. The mines have a substantial resource base of superior quality iron ore with high Fe (iron) content and bulk density. The Fe content varies between 63 to 66 per cent, which makes it one of the best quality materials available in the country. Essel operates three mining assets in Odisha – Jilling, Kasia and Koira.

Essel Mining holds a leading position in the Indian mining industry for its superior mining techniques, equipment, and scale and flexibility of operations and systems. The potential of the proven deposit, as well as the quality and quantity of reserves, are good enough to sustain the mining operations for the next 20 years at the current operating capacity. The main products are:

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Calibrated iron ore lump – inputs for steel making through the DRI/BF process
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Iron ore fines – inputs for sinters and pellets, used for making steel

The mining operations are mechanised, adopting state-of-the-art technology and equipment namely hydraulic drifter, in-pit crusher, cone crushers and mobile crushers. Flexibility in operations enables the division to maximise the utilisation of resources, as well as cater to the needs of diverse customers.

Control over logistic infrastructure is the key to long-term growth in the mining business, and to strengthen this aspect, Essel has taken on a number of initiatives:

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Development of private railway sidings (one already commissioned and another under construction)
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Construction of an 82km long railway line under public private partnership mode with the Indian Railways in Odisha
:: Owning rakes under WIS for guaranteed movement of material
:: Developing a captive port in Odisha

Essel Mining’s roadmap includes exploring further mining acquisitions and leveraging both greenfield as well as brownfield opportunities. Further, to capitalise on the wealth of experience and expertise garnered in the mining sector, plans to venture into coal mining are on the anvil.

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Ferro-chem division
Established in 1980, the ferro-chem division of Essel is located at Vapi in Gujarat, a major industrial hub. It is the largest producer of high quality noble ferro alloys in India. Its products include ferro-molybdenum, ferro-vanadium and ferro-titanium. It commands over 40 per cent of the market share in India.

The division also produces ferro-alloy powders and unfused V2O5. The division has developed ferro titanium (35–40 per cent grade) through an internal R&D initiative. Noble ferro alloys are used in the manufacture of alloy steels, high-speed steels and other special grade steels, infusing the anti-abrasive and anti-corrosive properties to steel. Additionally, these products find application in the manufacture of castings, electrodes and act as a catalyst in the fertiliser industry.

A constant endeavour of Essel’s ferro-chem division is to develop high value products for its customers (with a sharp focus on R&D), a strong distribution network and a dedicated team for servicing customers. Focus on R&D has made the division attain global position and global benchmarks in various operational parameters.
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Wind power division
Essel Mining forayed into power generation in 2005 by installing windmills at Dhule in Maharashtra. The installed capacity of this unit is 75 megawatt. This strategic initiative demonstrates Essel’s commitment to the environment. The entire power generated from these windmills is supplied to the power deficit state of Maharashtra. The wind power division has also been registered with UNFCCC as a clean development mechanism project under the Kyoto Protocol, which entitles the project to get carbon credit revenues for a period of ten years. Through this division, Essel has also ventured into the burgeoning carbon market.

Recent accolades
Balagulshan Tandon Excellence Award for business growth, productivity, R&D, environment management and community development 2008-09
G3 Award in environment, ethics, energy and education from Shrishti Foundation
Mines Safety Week, Mine Environment and Mineral Conservation Week Awards:
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Overall performance (Jilling) - First prize
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General working (Kasia) - First prize
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Overall performance (Koira) - First prize
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Top soil management and afforestation (Kasia) - Second prize
Overall Excellence Award for 2008-09 by FIMI
Eastern Region Productivity Award for 2008 by CII
Social Awareness Award for 2007-08 by FIMI
Environmental Excellence Award for 2006-07 by FIMI
Environmental Excellence Silver Award from Greentech Foundation – 2007
Longest Accident Free Zone Award to Koira Mines from National Safety Council
Mines Safety Week Awards 2008 by DGMS, Chaibasa Region:
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Publicity and propaganda (Jilling Mines) – First prize
 
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Dust suppression (Kasia Mines) – First prize
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Overall performance (Koira Mines) – First prize
MEMC week awards 2008 by IBM, Bhubaneswar:
 
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First prize in air quality management – Jilling Mines
 
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Second prize in management of sub-grade minerals - Koira Mines
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First prize in top soil management - Kasia Mines

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