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Indian Steel Ministry Releases Safety Codes for Iron & Steel Sector

India’s Ministry of Steel has proposed to set up an Iron & Steel Safety Directorate to support various companies in different sectors of Steel Making in India in moving towards global best practices for safety and shift the current mindset from focus on production to safe production. As a way forward, MOS has constituted a working group to develop code of practices for both large & small producers & processors in the iron & steel sector.

These Safety Code aim to contribute towards
i. Protecting workers in the iron and steel industry from workplace hazards and to preventing work-related injuries and incidents
ii. Assisting and facilitating the improved management of occupational safety issues at the workplace
iii. Improving knowledge and competence
iv. Promoting the implementation and integration of consistent OSH management systems with a view to improving working conditions

The scope of work covers Safety Code in Iron and Steel sector which includes
a) Integrated steel plant (Plants having all range of activities from receiving of Raw material to dispatch of finished product including auxiliary facilities like power plant, oxygen plant etc)
b) Mini Steel Plant & Processing Units (Mini Blast Furnaces, Electric Arc Furnace, Induction furnace Sponge iron plant, Pellet Plants, Re-rollers, independent hot & cold rolling, galvanizing and tin plating units, Steel Foundry & Forge, Ferro Alloys Plant, Stainless & Alloy Steel Plant etc)
c) Project & Construction activities in steel industry

Source : Strategic Research Institute
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EBRD invests EUR 25 Million in Kosovo’s Largest Exporter

The EBRD is investing EUR 25 million in the largest ferronickel producing company in Kosovo, NewCo Ferronikeli to support energy efficiency and operational efficiency investments. The financing will increase NFN’s competitiveness through efficiency measures such as the installation of an ore dryer, which will reduce both the length of time in the ore smelting process and the emission of particulates.

Implementing higher environmental standards and energy efficient investments will see the company’s greenhouse gas emissions decrease by an expected 38,615 tonnes of CO2 per year. The new measures set NFN out as a leader in the sector by demonstrating how modernisation measures can contribute to a sustainable future for mining companies.

Established in 1989 and privatised in 2006, NFN is now Kosovo’s largest exporter. The company produces and exports about 7,000 tonnes of high quality nickel annually. It is one of the largest private employers in the country. NFN is majority-owned by Balfin, the largest private conglomerate group in Albania.

Mr Samir Mane, founder and owner of Balfin said that “Balfin is proud to continue our long history of working with EBRD. We have now collaborated with EBRD in all of our key countries. The investments that we are doing in Ferronikeli will ensure that it remains a competitive nickel producer in the global economy and continues to provide substantial employment in Kosovo.”

Mr Eric Rasmussen, EBRD Director, Natural Resources, said that “The EBRD is very pleased to support Balfin’s strategic investment to revive Ferronikeli, which is important for both Kosovo and the local community. The EBRD finance will help reduce energy costs and improve the quality of production, which should enable Ferronikeli to become a competitive exporter.”

The EBRD has invested over EUR 395 million in Kosovo through 65 projects since it began operations in the country in 2012. Supporting competitive development of the private sector and enhancing energy security and sustainability are key priorities for the EBRD in Kosovo.

Source : Strategic Research Institute
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Philippines Top High-Grade Nickel Ore Miner Set To Shut Down – Report

Reuters reported that Philippines’ top exporter of high-grade nickel ore is expected to shut its mining operations soon as ore deposits at a project in the nation’s southernmost province of Tawi-Tawi are nearly depleted.

SR Languyan Mining Corp will shut “most likely” later this year, said Jaynul Ali Sambarani, head of mines and geoscience services at the Ministry of Environment and Natural Resources for the Bangsamoro Autonomous Region of Muslim Mindanao. The closure will likely reduce the Philippines’ monthly exports of nickel ore to top metals consumer China by 300,000 to 400,000 tonnes, based on estimates by the Mines and Geosciences Bureau.

MGB Director Wilfredo Moncano told Reuters that “It’s a major supplier of high-grade ores.”

SR Languyan is not among the large-scale nickel miners under MGB’s jurisdiction, and Moncano could not confirm or deny the shutdown.

The mid-sized miner is one of more than two dozen nickel ore producers in the Philippines, China’s second-biggest supplier of nickel ores, which are mostly used in producing stainless steel and for battery materials.

Source : Reuters
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