ArcelorMittal bags Thakurani iron ore block in Odisha

ArcelorMittal executive chairman meets Odisha CM

Bhubaneswar: Two days after his meeting with Union Steel Minister Dharmendra Pradhan, ArcelorMittal executive chairman L N Mittal on Thursday met Odisha Chief Minister Naveen Patnaik at his residence here.

They discussed about his company’s project in Odisha.

ArcelorMittal Group is planning to invest Rs 2,000 crore in the state.

The company is planning to expand its pellet plant at Paradip and increase its production capacity from 6 MTPA to 12MTPA.

It is also planning expansion of its iron beneficiation plant at Baduna in Keonjhar district from 5 MTPA to 16 MTPA.

Essar steel has been acquired by ArcelorMittal and Nippon Steel. The Essar plant has 6 mtpa pellet plant at Paradip.