Hyderabad: The Trimex Group, India's top specialty value chain provider for industrial minerals, today announced the commencement of commercial production at its Srikurmam Mineral Sands Project in Srikakulam district, Andhra Pradesh, and the shipment of high-value industrial heavy minerals.
The custom-built, fully-integrated, multi-mineral facility currently extracts, processes, and produces 200,000 TPA of Ilmenite, 6,000 TPA of Rutile, 6,000 TPA of Zircon, 60,000 TPA of Garnet, and 50,000 TPA of Sillimanite. The project represents a major milestone for the development of natural resources in Andhra Pradesh.The project, which will play a pivotal role in helping meet the demand for high quality heavy minerals in the supply-deficit global market, will be formally inaugurated by Dr K Rosaiah, Hon'ble Chief Minister of Andhra Pradesh, on 26 June 2010.The products from this project are used in the manufacture of paints, ceramics, abrasives, insulation, cosmetics, paper, leather, glass products, artificial gems, aircraft parts, artificial human joints, and filtration media, among others. The successful initial phase of the project required an investment of INR 250 crore for pilot studies; bulk samples; extensive hydrology; extensive environmental, social and public perception studies; complete detailed engineering; and the finalization of the mining license agreement with the government and private land owners. The company has acquired the mining lease for 7.2 square kilometers in the coastline of Srikakulam for 30 years from the date of the lease award, renewable for another 30 years.The company has now firmed up plans for an INR 4,000 crore investment until fiscal 2017-18. The investment will go towards the expansion of extraction areas, increase of processing capacity, technology upgradation, and research and development of high value and premium products.
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