Jindal Stainless doubles slag processing capacity with new plant

Jindal Stainless announced on October 15, 2025, a significant expansion of its slag processing capacity with a new wet milling plant at its Jajpur, Odisha, unit. This initiative, undertaken in partnership with Harsco Environmental, aims to recover metal from industrial waste, conserve natural resources, and support the company's expanded capacity operations and long-term circularity goals. The project is expected to create approximately 140 new jobs in the region.

The company is committing a spend of $150 million to build and operate the plant under a 15-year partnership with Harsco Environmental. This investment is projected to be recouped through metal recovery from slag over the agreement period. The new plant aligns with Jindal Stainless's Environmental, Social, and Governance (ESG) goals, including its commitment to achieve Net Zero by 2050, and follows previous decarbonisation initiatives such as India's first green hydrogen plant and a large captive solar energy plant.

Jindal Stainless, with a consolidated annual turnover of INR 40,182 crore in FY25, is ramping up its facilities to reach 4.2 million tonnes of annual melt capacity by FY27. Harsco Environmental, a leading provider of environmental solutions for the metals industry, operates across over 130 customer sites in more than 32 countries.