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Metso to make $28 Mn machine for Essar Steel
Saturday, 17 May 2008, 01:28 IST
Mumbai: Leading mining solutions provider Metso Minerals Friday said that it will supply a 
1.12 billion ($28 million) iron ore machine to Essar Steel Holdings.
The iron ore induration machine, which is expected to be ready by 2010, will be commissioned at Essar's Paradeep Pellet Plant in Orissa.
A Metso statement said the 744 sq metre machine with 270 pellet cars will have a feed rate of 700 tonnes per hour of iron ore pellets.
Last year, Gurgaon-headquartered Metso Minerals had announced the expansion of its office premises and manufacturing and foundry capacities in India with a combined investment of 823 million.
The company is also investing approximately 2 billion to set up "Metso Park", a multi-functional industrial facility in Alwar, Rajasthan.
Source: IANS
1.12 billion ($28 million) iron ore machine to Essar Steel Holdings.
The iron ore induration machine, which is expected to be ready by 2010, will be commissioned at Essar's Paradeep Pellet Plant in Orissa.
A Metso statement said the 744 sq metre machine with 270 pellet cars will have a feed rate of 700 tonnes per hour of iron ore pellets.
Last year, Gurgaon-headquartered Metso Minerals had announced the expansion of its office premises and manufacturing and foundry capacities in India with a combined investment of 823 million.
The company is also investing approximately 2 billion to set up "Metso Park", a multi-functional industrial facility in Alwar, Rajasthan.
Source: IANS