Austria-based plantmaker Siemens VAI has announced that it has introduced new pelletizing technology, characterized by highly compact layout and light-weight construction design, which allows for efficient and cost-effective installation at a mining site or within an iron and steel complex.
With the circular pelletizing technology, pellet production capacities range from 800,000 mt per year up to three million mt per year and the quality of the pellets can be flexibly adjusted according to production requirements. The new pelletizing technology developed by Siemens requires less space and helps to reduce capital expenditures for new facilities.
Siemens VAI stated that the world's first circular pelletizing technology plant is currently under construction in the state of Orissa, India. It is scheduled to be commissioned in the second half of 2013 after which the plant will be capable of producing 1.2 million mt of pellets per year for the Indian iron and steel industry.