A groundbreaking partnership between Indian Rare Earths Limited (IREL) and Kazakhstan's UKTMP JSC aims to establish IREUK Titanium Limited, set to revolutionize titanium production in India using local resources.
Titanium ProductionIndokazakh Joint VentureIrelUktmp JscTitanium SlagReal Estate MaharashtraNov 07, 2024
The purpose of IREUK Titanium Limited is to produce high-grade titanium slag in India using ilmenite from Odisha, thereby developing the titanium value chain and generating employment.
The partners in this joint venture are Indian Rare Earths Limited (IREL), a central PSU, and Ust-Kamenogorsk Titanium and Magnesium Plant JSC (UKTMP JSC) from Kazakhstan.
The joint venture is expected to enhance the quality of titanium feedstock, create employment opportunities, and boost India's position in the global titanium market.
The Department of Atomic Energy, under which IREL operates, supports the project by providing technical expertise and regulatory oversight.
The project prioritizes the use of eco-friendly technologies and processes to minimize the environmental footprint, ensuring sustainable production practices.
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