Tata Steel’s Noamundi Iron Mine celebrates 100 Years of Sustainable Mining

Noamundi, June 1, 2024 – Tata Steel’s Noamundi Iron Mine located in Jharkhand is celebrating the beginning of its centenary year since the inception of mining operations at the site. To commemorate this milestone, a logo launch event was organised today at Noamundi. The Chief Guest for the event was D B Sundara Ramam, Vice President, Raw Material,Tata Steel. Other dignitaries present included Atul Kumar Bhatnagar, General Manager, Ores Mines and Quarries (OMQ) Division, and Sanjay Das, Secretary, Noamundi Mazdoor Union, along with employees of the OMQ Division of Tata Steel.

During the occasion, D B Sundara Ramam, Vice President, Raw Material, Tata Steel said: “Noamundi Iron Mine has been a vital part of Tata Steel’s operations for the past century, and we are proud to celebrate this significant milestone. Very few mines survive for over 100 years and Noamundi Iron Mine has not only survived but thrived due to our commitment towards sustainable mining. Noamundi Iron Mine exemplifies the adoption of best practices in mining with a focus on community development to foster sustainable growth.”

In addition to the logo launch, the 2^ndSummer Flower Show was also organised at Noamundi, showcasing over 22 varieties of summer flowers. Furthermore, a Miyawaki Plantation was carried out at Noamundi on the occasion.

Throughout the year, Noamundi Iron Mine will host a series of events to commemorate the centenary year, including cultural programmes, employee recognition initiatives, and community engagement activities.

Noamundi Iron Mine, a part of the Ore Mines and Quarries Division of Tata Steel, has been in operation for the past 100 years, providing a reliable source of high-quality iron ore. The mine is known for its commitment to sustainable mining practices and its close engagement with the local community.The Noamundi Iron Mine has been accorded 5-Star rating for Sustainable Development by Indian Bureau of Mines (IBM) for seven consecutive years since 2017.

In 2017, Noamundi became the country’s first iron-ore mine to set up a solar plant, spread over 19 acres with a capacity of 3 MW, for reducing carbon footprint.

In its effort to enhance gender diversity at the workplace, Tata Steel on February 5, 2021, deployed the first batch of 22 women operators of heavy earth moving machinery at Noamundi iron mine in all the shifts. The initiative, termed ‘Tejaswini 2.0’ has been designed to provide technical training to unskilled women workers and enable them to work in core jobs at mines.

Noamundi Iron Mine has also been hosting events like Run-a-thon, promoting fitness and sustainability amongst its stakeholders and the community at large. Noamundi Iron Minehas taken several strides to improve biodiversity with a focus on plantation and rain harvesting projects.

Disclaimer

Statements in this press release describing the Company’s performance may be “forward-looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred, or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.

For queries and information

Sarvesh Kumar,Chief Corporate Communications, Tata Steel, sarvesh.kumar@tatasteel.com

About Tata Steel

• Tata Steel group is among the top global steel companies with an annual crude steel capacity of 35 million tonnes per annum.
• It is one of the world’s most geographically diversified steel producers, with operations and commercial presence across the world.
• The group recorded a consolidated turnover of around US$27.7 billion in the financial year ending March 31, 2024.
• A Great Place to Work-Certified^TMorganisation, Tata Steel Limited, together with its subsidiaries, associates, and joint ventures, is spread across five continents with an employee base of over 77,000.
• Tata Steel has announced its major sustainability objectives including Net Zero Carbon by 2045.
• The Company has been on a multi-year digital-enabled business transformation journey intending to be the leader in ‘Digital Steel making by 2025’. The Company has received the World Economic Forum’s Global Lighthouse recognition for its Jamshedpur, Kalinganagar, and IJmuiden Plants.
• Tata Steel aspires to have a 20% diverse workforce by 2025. The Company has been recognised with the World Economic Forum’s Global Diversity Equity & Inclusion Lighthouse 2023.
• The Company has been a part of the DJSI Emerging Markets Index since 2012 and has been consistently ranked among the top 10 steel companies in the DJSI Corporate Sustainability Assessment since 2016.
• Tata Steel’s Jamshedpur Plant is India’s first site to receive ResponsibleSteel^TMCertification. Subsequently, its Kalinganagar and Meramandali plants have also received the certification. In India, Tata Steel now has more than 90% of its steel production from ResponsibleSteel^TM certified sites.
• Received Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17, 2024 Steel Sustainability Champion recognition from worldsteel for seven years in a row, 2022 ‘Supplier Engagement Leader’ recognition by CDP, Top performer in Iron and Steel sector in Dun & Bradstreet’s India’s top 500 companies 2022, Ranked as the 2023 most valuable Mining and Metals brand in India by Brand Finance, ‘Most Ethical Company’ award 2021 from Ethisphere Institute, and ‘Best Corporate for Promotion of Sports’ recognition at the Sportstar Aces Awards 2024.
• Received the 2023 ERM (Enterprise Risk Management) Award of Distinction at the RIMS ERM Conference 2023, ‘Masters of Risk’ – Metals & Mining Sector recognition at The India Risk Management Awards for the seventh consecutive year, and Award for Excellence in Financial Reporting FY20 from ICAI, among several others.