Orissa Manganese & Minerals Limited, the mining arm, is engaged in the business of exploration, development, mining and processing of mineral assets. The Company has valuable merchant resources of iron ore and manganese ore in Jharkhand and Odisha, which are available for sale in the open market. These mines represent 'textbook deposits', which is the industry's way of saying that they represent an ideal balance of unmistakable ore evidence, ore richness and easy accessibility (low mine–strip ratio).
The Company has six manganese ore mines in Odisha and one iron ore mine in Jharkhand which are:
| Name of the mine | Type of Mineral | Location | Existing Capacity |
|---|---|---|---|
| Patamunda | Manganese | Koira, Odisha | 183,375 MT |
| Orahuri | Manganese | Koira, Odisha | 83,100 MT |
| Bhanjikusm | Manganese | Koira, Odisha | 15,000 MT |
| Sanpatholi | Manganese | Koira, Odisha | 1,388 MT |
| Tentulidhi | Manganese | Koira, Odisha | 25,000 MT |
| Kusumidhi | Manganese | Koira, Odisha | 17,376 MT |
| Ghatkhuri | Iron ore | West Singbhum, Jharkhand | 2,000,000 MT |
| Sulaipat | Iron ore | Mayurbanj, Odisha | 600,000 MT |
Amalgam Steel Private Limited is an iron ore Pellet Manufacturing company with state-of-the-art technology located at (Kandra) Jamshedpur, Jharkhand. The annual production capacity of the plant is 1.2 Million Tonnes. The Pellet Plant is backed with Beneficiation Plant to utilize the low grade iron ore fines and convert them into a value-added product. It produces both blast furnace and DRI grade pellets. It is one of the fastest-growing companies in India catering to a vast and quality-focused customer base. It needs around 1.8 to 2.0 million tonnes of iron ore fines annually to meet its production target.
Amalgam Steel & Power Limited located at Kandra in the state of Jharkhand, is an integrated steel plant based on Sponge Iron Technology. The plant has 2 x 350 TPD DRI Plant with an installed capacity of 0.3MTPA, 2 x 30-ton Induction Furnaces with an installed capacity of 198000 TPA billet and 30 MW Captive Power Plant. The plant has also its own railway siding. Amalgam Steel & Power Limited has adequate land for setting up full-fledged steel manufacturing facilities. It is an ISO certified company and is concerned about the environment in and around the plant area.
Driven by the growing demand for steel products for power & telecommunication, construction and heavy industry sectors in the country, the company has a multistage expansion plan both upstream and downstream. We have also secured our raw material resources.