Sesa Goa By Ranjan

Sesa Goa is an iron ore mining company located in Goa, India, which now has been overtaken by Vedanta Resources. The company is India's largest privately-owned exporter of ore products. The Met Coke division produces 280,000 tonnes of metallurgical coke each year. The Sesa Industries Limited division produces 220,000 tonnes of pig iron annually. In 2004 the firm made profits of around 400m rupees (around US$10m). Sesa Goa Limited, the flagship company of Sesa Group is India's largest exporter of iron ore in the private sector. For the past five decades, the Group has been involved in iron ore mining, beneficiation and exports, with a group turnover of around Rs. 4900 crores. Over the last decade, it has diversified into the manufacture of pig iron and metallurgical coke. The Group operates a 280,000 TPY metallurgical coke plant and a 250,000 TPY pig iron plant. Sesa Goa Limited has mining operations in Goa, Karnataka and Orissa. 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. 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.

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 operations 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