India's OMC Plans to Invest 80 Billion Rupees to Build a 1.5 Million Ton/Year Pellet Plant

en.Wedoany.com Reported - India's Odisha Mining Corporation (OMC) plans to build a pellet plant with an annual capacity of 1.5 million tons near the Gandhamardan iron ore mine in the Kendujhar district. The project investment is approximately 80 billion rupees (about 83.3 million USD), primarily utilizing low-grade iron ore fines and mineral resources that were previously underutilized commercially to produce pellets.

The project is currently in the technical feasibility and techno-economic study phase. OMC is seeking technical consultancy from Indian government enterprises to assess project viability, plant configuration, logistics arrangements, and long-term commercial sustainability. OMC stated that if the study feedback is positive, it plans to initiate tendering by December. Once completed, the project will process low-grade run-of-mine ore through beneficiation and produce pellets, improving resource utilization efficiency.

In the 2025-2026 fiscal year (April 1, 2025, to March 31, 2026), OMC's mineral product output reached 44.82 million tons, a record high. The proposed pellet plant is part of OMC's extension from traditional mining operations into downstream mineral product processing. The company also plans to build another pellet plant at the Kurmitar mine in the Sundargarh district, but that project will depend on the progress of the Gandhamardan pellet plant.

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