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March 18, 2006

Tata Sponge Allotted Coal Block

Tata Sponge Iron Ltd. (Tata Sponge) along with Messrs Scaw Industries Ltd. and SPS Sponge Iron Ltd. has been allotted a coal block by the Coal Ministry. The block contains 'E' to 'G' grade coals which will need to be washed in a coal washery to bring down the ash level before consumption in sponge iron kilns. The coal middlings produced as a by-product as well as rejects can be utilised for generating electrical power at pit head which proposal is yet to be considered by the Board. With the allotment of the coal block, Tata Sponge will be well placed for its future growth.