Tata Steel and MECON Ltd. have signed a business cooperation agreement to provide a range of integrated mining solutions to various companies in India. The agreement will enable the two companies to offer services such as exploration, resource modeling, mineral resource evaluation, geotechnical assessment, and more. The partnership is aimed at raising the standards of mining services in India, making them more scientific and sustainable.
D.B. Sundara Raman, Vice President of Raw Materials at Tata Steel, expressed his enthusiasm for the alliance, stating that Tata Steel has been in the mining business for over a century and is pleased to start offering its mine technical services commercially to the industry outside of Tata Steel. The agreement will complement Tata Steel’s capabilities and capacities, bringing new levels of efficiency and sustainability to mining operations.
Tata Steel, one of the world’s largest and most geographically diversified steel producers, has a deep understanding of the steel manufacturing and selling process, as well as the mining of raw materials needed for steel production. The company’s partnership with MECON Ltd. will further enhance its capabilities and presence in the mining industry, providing a complete range of services to customers. The agreement is expected to have a positive impact on the mining sector in India, driving growth, innovation, and sustainability.