Tata Steel partners with A&B Global Mining for mine technical services, exploring business opportunities & enhancing sustainable mining solutions.
Jamshedpur – Tata Steel has entered into a business cooperation agreement with A&B Global Mining Pvt. Ltd. (ABGM) to explore new business development opportunities and provide mine technical services.
These services include exploration, resource evaluation, mine planning and scheduling, due diligence, investment thesis, digitalization, clean/hybrid energy solutions, pre-feasibility, bankable feasibility studies, owner’s engineering, and project management.
The alliance aims to deliver competitive integrated business solutions to the global mining industry.
Tata Steel will collaborate with ABGM India, which will interface with its South African counterpart to explore business opportunities both in India and abroad.
The partnership will leverage each other’s technical and strategic strengths to deliver projects across the mining and metals, including steel value chain.
D B Sundara Ramam, Vice President of Raw Materials at Tata Steel, expressed optimism about the alliance, highlighting Tata Steel’s long history in the mining business and its commitment to sustainable mining practices.
The agreement aims to further enhance the company’s capabilities and capacities in delivering mine technical services in India and internationally.
Tata Steel is a globally diversified steel producer with fully integrated operations, covering mining, manufacturing, and marketing of finished products. Its expertise in steel manufacturing and mining of raw materials positions it as a strong partner for ABGM.
Devendra Vyas, Managing Director of A&B Global Mining, expressed enthusiasm for working with Tata Steel, emphasizing the shared focus on value creation and sustainability.
The partnership is expected to diversify ABGM’s services, accelerate growth across commodities and geographies, and offer world-class services at competitive prices to clients in the mining and metals industry.
