MANGANESE/CHROME ORES, EMD, EMM AND FERRO-ALLOYS SUMMIT

Taj Bengal, Kolkata
(18-19 December, 2024)

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Event Details

General Informations

Manganese and Chrome ores are basic raw materials for production of steel and essential for the economic development of the country. With the growth of iron and steel industry and available abundant resources in the country, there is huge potential of manganese, chrome ore and ferro-alloys industry in India.

 

Our country is endowed with huge resources of manganese ore to the tune of 504 million tonnes (MT) and chrome ore to the tune of 332 million tonnes (MT) as on April, 2020. However, it is ironical that despite possessing rich resources, domestic mining industry remains under harnessed and ferro-alloy industry is compelled to import these minerals. It is observed that import of manganese ore has increased significantly to 5.6 million tonnes in 2023-24 from 2.8 million tonnes in 2019-20. While import of the manganese and chrome ore has witnessed quantum jump but the production remains stagnant.

 

The National Steel Policy of India 2017 aspires to achieve 300 million tonnes of steelmaking capacity by 2030. Hence, there is need for enhanced production to meet the requirement of 11 milllion tonnes of manganese ore and 5 million tonnes of chrome ore by 2030-31. Globally, manganese ore requirement is increasing due to its significant use in manufacturing of batteries in electric-vehicles. The importance of manganese ore is emerging as a vital material in future of electric vehicle industry with the global commitment for reducing greenhouse gas emissions and leveraging renewable energy sources.

 

Ferro alloys are essential to the Indian steel industry, significantly contributing to both domestic consumption and foreign exchange earnings. Despite having total production capacity of 5.15 million tonnes of the ferro-alloys industry, the total capacity utilization is too low. It is imperative that the industry must rise to new levels with advanced technological competitiveness, utilization of green technology to reach zero emissions and enhanced productivity.

 

This event will provide a unique platform for the manganese / chrome ore and alloy producers, consumers, technology suppliers, as well as others to discuss technological developments, legislative issues, ESG aspects, research & development and market trends. Producers, consumers, buyers and traders will have the opportunity to discuss and review supply and demand related issues in open forums and private meetings. Suppliers of exploration, mining processing equipment and metallurgical technologies will have an opportunity to make presentations on manganese/chrome ore and alloy to the stakeholders. 

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