Jindal Stainless Commits $150 Million to Build & Operate Advanced Metal Recovery Plant with Harsco; Doubles Slag Processing Capacity

Image Source : KNN India

Jindal Stainless Limited has announced a $150 million investment in partnership with Harsco Environmental to build and operate a state-of-the-art metal recovery plant. This initiative doubles the slag processing capacity and advances circular production, underscoring Jindal’s commitment to sustainability and resource efficiency in India’s stainless steel sector.

Jindal Stainless Limited, India’s leading stainless steel producer, has entered a strategic partnership with global industrial giant Harsco Environmental to invest $150 million in building and operating a cutting-edge metal recovery facility. This plant is designed to process slag—a byproduct of stainless steel manufacturing—recovering valuable metals and reducing waste, thereby doubling Jindal's slag processing capacity.

The upgraded facility at Jindal’s Jajpur plant in Odisha employs advanced technologies to extract metals like ferro chrome, which were previously lost in slag, thus enhancing production efficiency and environmental compliance. The initiative aligns with Jindal’s focus on circular economy practices and sustainable growth, demonstrated by their pioneering green hydrogen plant and commitment to renewable energy projects.

Rick Lundgren, President of Harsco’s Metals & Minerals division, lauded the collaboration as a major step in delivering sustainable solutions and operational excellence within the stainless steel industry. Jindal Stainless’s leadership emphasized this venture marks a transformative phase for strengthening the company’s core manufacturing while minimizing environmental impact.

Major Takeaways and Important Points

Strategic Investment: $150 million committed to build and operate the metal recovery plant in partnership with Harsco.
Expanded Capacity: The new plant doubles Jindal Stainless’s slag processing capacity, reducing metal wastages significantly.
Sustainability Focus: Advancing circular production by recovering metals from waste and minimizing slag disposal, supporting environmental goals.
Technological Edge: Integration of advanced material processing technologies unique to stainless steel sector in India.
Environmental Impact: Alignment with Jindal’s broader sustainability initiatives including green hydrogen and solar energy projects.
Industry Leadership: Reinforces Jindal Stainless’s position as a forerunner in steel manufacturing innovation and eco-responsible operations.

Conclusion

Jindal Stainless’ partnership with Harsco to build a state-of-the-art metal recovery plant signifies a major push towards ecological responsibility and production efficiency in India’s stainless steel industry. This bold move not only enhances resource utilization but also sets a benchmark in sustainable industrial practices, fostering long-term environmental stewardship.

Sources: Jindal Stainless, Harsco Corporation, Environment Clearance, Recycling Today

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