Jindal Stainless, India’s major stainless steel producer, is doubling its slag processing capacity with a new wet milling plant at its Jajpur, Odisha, unit. This initiative will support the company’s expanded capacity operations and long-term circularity goals by recovering metal from industrial waste and conserving natural resources.
For this initiative, the company has partnered with Harsco Environmental. Jindal Stainless is committing to a spend of USD 150M to build and operate the plant under a 15-year partnership with Harsco Environmental, further strengthening the long-standing collaboration between the two companies in advancing circular operations. Over the agreement period, this plant will pay back the equivalent value through metal recovery from slag.
This initiative forms an integral part of Jindal Stainless’ long-term Environmental, Social and Governance (ESG) goals and its commitment to achieve Net Zero by 2050. In FY25, the company reduced its carbon footprint by ~14% through various decarbonisation initiatives.