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SESA GOA LIMITED - IRON ORE DIVISION

Sesa Goa Limited was established in 1954. Currently, the company exports approximately 5 million tons of iron ore, fines and lumps to customers in Japan, China and Europe from ports on both the east and west coasts of India. Besides our mining activities in Goa, we have mining operations in Karnataka and Orissa. Ore from Karnataka is exported through the ports at Goa and Chennai while ore from Orissa is exported through the ports of Haldia and Paradeep.
GOA OPERATIONS

The exports of ore from Goa are approximately 4 million tons of which about 3.2 million tons are fines and 0.8 million tons are lumps. Shipping of fines is restricted to the fair season between September and May while lumps are shipped throughout the year.

Goa's main port is the Mormugao port which has special mechanized ore loading facilities at its Berth 9. The channel has a draft of 13 meters with no restriction in air draft. There is also a system of transhippers that can load or up-top vessels of deeper draft midstream. The load rate at Berth 9 is 45,000 tons/day and that of the transhippers ranges between 15,000 and 25,000 tons/day.


CODLI MINE

Goan Ore is generally inclined to be relatively high in alumina content. However most Goan ore is beneficiated in beneficiation plants to raise the iron content and reduce alumina so as to meet one of many specifications agreed with steel plant customers.
 

Sesa Goa's main mining operations are at CODLI and SONSHI. The mine at Codli is a multi pit operation. Mine planning is computerized and the disposal of overburden either in dumps outside the mines or in the mined out pits is planned to minimize haulage costs. At the Codli Mine all the ore is beneficiated. The water for beneficiation plants is decanted in a series of ponds and recycled. Excess clean water is discharged into the river system. Sonshi mine is a single pit operation. The mine is currently 210 meters deep, the bottom being 24 meters below sea level. It will eventually reach 44 meters below sea level.
KARNATAKA OPERATIONS

The main operation in Karnataka is at Chitradurga. A second mine is located at Hospet . The mines are equidistant from Mormugao and Chennai and ore can be shipped from either port.

As Chennai is on the east coast of India, it is not adversely affected by the south west monsoon and hence ore can be shipped throughout the year.


CHITRADURGA MINE

ORISSA OPERATIONS

The main mine is located at BARBIL. The ore mined has a relatively high Fe content and a high tumbler index.

High grade ore (more than 64% Fe) requires a Government of India license to export.

With the opening up of the economy and the further liberalization of ore exports it is expected that exports of ore from Orissa will grow significantly.


BARBIL MINE

RIVER FLEET OPERATION

In Goa, ore is transported from jetties near the mine sites (bunders) to the port in barges. Sesa has a captive fleet of 11 barges with a total floating capacity of 20,000 DWT.

Given along side is a view of typical barges

SHIPPING AND CHARTERING

Sesa has a fully integrated shipping and chartering department that is capable of supplying the ore either on an FOB or CNF basis to customers worldwide.
TRANSSHIPPER OPERATION

Sesa Goa has a transhipper based at Mormugao port, the MV Orissa, which is a large panamax size vessel (82000 DWT) with gear capable of picking up ore from barges alongside and loading into the ocean going vessels at the rate of 25000 tons/day. The MV Orissa has loaded vessels as large as 300,000 DWT midstream.

Along side is a view of the Transshipper

Iron Ore Division: Salient Features

  • Commenced operations in 1954 and has mining activities in the states of Goa, Karnataka and Orissa at present.

  • Engaged in the business of prospecting, mining, processing and exporting iron ore. It is also involved in support activities like shipping & shipbuilding.

  • It is India's largest private sector exporter of iron ore.

  • Has been certified for OHSAS 18001, ISO 14001, ISO 9001 & ISO 9002.

  • It is the first iron ore company in the world to be certified for ISO 14001 in 1996.

  • It is also the first iron ore company in the world to be certified for OHSAS 18001 in 2002

  • Historically, the Company has enjoyed the advantage of the river transportation system in Goa to be competitive in the international market.

  • The company, traditionally has exported low and medium grade products, but with the development of operatins in Karnataka and Orissa, it is also shipping +64% Fe high-grade ore. Also, lump ore from these states is being sold to domestic pig iron/steel producers, demand from whom is continuously rising.

  • The Company supplies iron ore primarily against long-term contracts and have a strong customer base. As such, it is generally unaffected by movement of prices in the spot market.

  • In all its activities, the objective of the company is to maintain a preeminent performance in respect of Safety, Environment, Quality and Community Affairs
Business Performance Financial Overview Technical Papers Shareholding
Annual Directors Reports Annual Financial Results Chairman's Speech Quarterly Results
Business Objective Historical Milestones Boards Executive Team