Jindal Stainless Doubles Slag Capacity to Boost Circular Production
Steel

Jindal Stainless Doubles Slag Capacity to Boost Circular Production

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.

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.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement