Top Industry Leaders in the Silico Manganese Market
Silico Manganese Market
June 2023- Shyam Metalics and Energy Limited (SMEL), an integrated metal-producing firm, has announced the successful commissioning of expanded production capacities at their manufacturing site in Jamuria, West Bengal. The company has increased the capacity of its captive power plant by 90 MW, from 267 MW to 357 MW. This enhancement allows SMEL to fulfill approximately 80% of its power requirements internally, resulting in significant cost savings. Additionally, the company has successfully commissioned an incremental capacity of 165,000 TPA for Sponge Iron production, bringing the total capacity to around 2.7 MTPA. Brij Bhushan Agarwal, Vice Chairman & Managing Director, expressed his satisfaction and stated that the company is making great strides in achieving its ambitious growth plans. With this latest addition, the company has successfully met the capacity expansions outlined during its IPO preparations.
October 2023- TMC's second annual Impact Report estimates the organization's view to producing strategically handled, reusable metal commons, beginning with starting with releasing the planet's biggest undeveloped source of battery metals as the world seeks to address the climate crisis. The company outlines its impacts to date as well as the anticipated impacts and mitigation measures for the collection of polymetallic nodules from the Clarion Clipperton Zone (CCZ) of the Pacific Ocean. Along with offering operational and environmental program data, the research breaks down TMC's governance and stakeholder engagement, the regulatory context around the nodule collection industry in international waters, and the organization's dealings with its Pacific Island sponsoring states: Tonga, Kiribati, and Nauru.
Major players in the Silico Manganese market, including Tata Steel (India), Eramet Group (France), Gulf Ferro Alloys Company (Saudi Arabia), OM Holdings Ltd. (Singapore), Steel Authority of India Limited (India), Brahm Group (India), Sakura Ferroalloys (Malaysia), Jindal Steel & Power Ltd. (India), Vipra Ferro Alloys (India), Pertama Ferroalloys Sdn. Bhd. (Malaysia), and others