India’s Odisha Mining Corporation (OMC), the mineral mining arm of the government of Odisha, is planning to set up a pellet plant as part of the downstream value addition of its iron ore mining, company sources said on Thursday, July 10.
The sources said that government-run Metallurgical Consultants (Mecon) has been mandated to prepare a techno-economic feasibility report.
A special projects team has been set up within OMC and tasked to commence construction of the pellet plant by early 2026, the sources said.
OMC achieved its highest-ever annual iron ore production from all its mines in the fiscal year 2024-25 at 35.7 million mt, and recorded an output of 8.66 million mt in the first quarter (April-June) of the fiscal year 2025-26.