Pro Minerals Private Limited

Overview

Pro Minerals Private Limited(PMPL) has been incorporated under Companies Act, 1956 and came into existence with effect from 21-Sep-2010 The company was established for setting up a fully integrated pellet plant at Basantpur, Odisha.

PMPL went to Corporate insolvency and EMIL have acquired PMPL through and the Corporate Insolvency Resolution Process in the month of March 2019.

The acquisition shall provide immediate synergies to EMIL`s Existing iron ore mining operations at Jilling and Koira, by facilitating maximisation of volumes.

The project consists of

  • 1 mtpa Iron ore Beneficiation Plant built using technology from Allmineral GmbH, Germany
  • 1 mtpa iron ore pelletization plant based on Circular Pelletization Technology (CPT) provided by Primetals GmbH, Austria (Joint venture between Siemens and Mitsubishi).