Jindal Stainless, India’s largest stainless steel producer, has announced the doubling of its slag processing capacity with a new wet milling plant at its Jajpur, Odisha, facility. The initiative supports the company’s circular production goals by recovering metals from industrial waste, conserving natural resources, and creating around 140 new jobs in the region.

The company has partnered with Harsco Environmental, a global leader in sustainable metal recovery solutions, under a 15-year agreement worth USD 150 million to build and operate the plant. The recovered metal value is expected to offset the investment over the contract period, further strengthening their long-standing collaboration in circular operations.

Commenting on the development, Abhyuday Jindal, Managing Director, Jindal Stainless, said, “As we expand capacity to meet growing demand responsibly, we are deepening our partnership with Harsco Environmental to advance circularity in stainless steel production. The new wet milling plant will set benchmarks in metal recovery and waste management while benefiting local communities.”

Manjunath Raghavelu, Managing Director, India & MEA, Harsco Environmental, added, “This 15-year partnership marks Jajpur as India’s first site with two wet milling plants. It strengthens our joint commitment to sustainability and the circular economy.”

The project aligns with Jindal Stainless’ broader ESG roadmap and its goal to achieve Net Zero emissions by 2050. In FY25, the company reduced its carbon footprint by 14per cent through initiatives such as India’s first green hydrogen plant for steel production and the country’s largest captive solar power facility within a single industrial campus.