Metal Stocks | 2011-05-06 07:17:04
Jindal Steel Bolivia, a subsidiary of Jindal Steel & Power Ltd. (JSPL) of India, will build a2.52 MMTPA natural-gas-based MIDREX Direct Reduction Plant at EL-Mutun, Puerto Suarez, Bolivia, South America

MUMBAI (Scrap Monster): Jindal Steel Bolivia, a subsidiary of Jindal Steel & Power Ltd. (JSPL) of India, will build a2.52 MMTPA natural-gas-based MIDREX Direct Reduction Plant at EL-Mutun, Puerto Suarez, Bolivia, South America.
The new MIDREX Plant will be the largest single module till date of any commercial direct reduction technology in the world. The contract for this new MIDREX® Plant was signed on March 30, 2011.
The project will be known as the Naveen Ultra Mega Mod DRI and will feature the latest MIDREX® Shaft Furnace innovations and will have the flexibility to produce both quality Hot DRI and Hot Briquetted Iron for use in a new proposed greenfield meltshop. Iron Ore and Iron Pellets will be supplied from Jindal Steel’s El Mutun Iron Ore Reserves in Bolivia, where Jindal Bolivia is also installing a Pellet Plant and a Steel Making facility.
Based on the stellar performance of MIDREX® DRI Plants, this new facility at Jindal Steel Bolivia will be capable of producing more than the rated capacity -- making it truly the world’s largest single module DR plant. The Naveen Ultra Mega Mod plant can produce up to 2.70 million metric ton per year of DRI depending upon the quality of inputs, operating parameters and skill of the workforce.
This is the third time that JSPL is making use of the MIDREX® Direct Reduction Process technology for its commercial DR production. In 2009, JSPL contracted with Midrex Technologies, Inc. for a 1.8 million ton per year coal gasification-based MXCOL® Direct Reduction Plant in Angul, Orissa, India.
The MXCOL plant commercially pairs a 7.15 meter MIDREX® Shaft Furnace with available gasification technology from Lurgi GmbH of Germany, to produce DRI for use in meltshop applications. In 2010, JSPL acquired the former Shadeed MIDREX® HOTLINK® plant in Sohar, Oman. Renamed as Jindal Shadeed Iron & Steel, the plant was commissioned successfully and has been producing HBI since December, 2010.