Shyam Metalics Commissions 1.5 MTPA Beneficiation Plant at Sambalpur for ₹150 Crore
Shyam Metalics and Energy Limited commissioned a new 1.5 MTPA Beneficiation Plant in Sambalpur, Odisha, on July 29, 2026. The project's capital investment is ₹150 Crore. The plant aims to improve resource efficiency, expand margins, and ensure quality and sustainability.
The new plant represents a material capital investment and is expected to enhance operational efficiency and margins, which can have a medium-term impact on the company's financial performance.
The commissioning of a new plant with significant capacity and investment is a positive development for the company's operational capabilities and future profitability.
Shyam Metalics and Energy Limited has announced the successful commissioning of its new 1.5 Million Tonnes Per Annum (MTPA) Beneficiation Plant located in Sambalpur, Odisha. The plant commenced commercial production on July 29, 2026.
The project involved a capital investment of ₹150 Crore. The strategic objectives of this new plant include processing low-grade ore to deliver high-grade feedstock to downstream operations, thereby enhancing resource efficiency by upgrading lower-grade minerals and extending mine life. It is also expected to boost operating margins by reducing reliance on costly external feedstock and creating cost synergies.
The plant utilizes eco-efficient technology to ensure uniform premium-grade input, optimize water and energy consumption, and contribute to sustainability.
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