India-based Jindal Steel & Power Limited (JSPL) of Jindal Group has announced that it will build a 2.52 million mt per year natural-gas-based MIDREX direct reduction plant in Puerto Suarez, Bolivia. The new plant will be the largest single module to date of any direct reduction technology.
The new plant will have the flexibility to produce both quality hot DRI and hot briquetted iron for use in a new proposed greenfield meltshop. Ore will be supplied from Jindal's El Mutun iron ore reserves in Bolivia.