IREL (India) Limited, a CPSU under India’s Department of Atomic Energy (DAE), has partnered with Kazakhstan’s Ust-Kamenogorsk Titanium and Magnesium Plant JSC (UKTMP) to establish IREUK Titanium Limited, a joint venture for producing titanium slag in Odisha, India.
IREUK Titanium Limited will leverage IREL’s surplus ilmenite production in Odisha, with UKTMP providing the technology for titanium slag production, converting low-grade ilmenite into high-grade titanium feedstock.
The collaboration benefits both nations: UKTMP, a supplier to aerospace giants like Boeing and Airbus, secures essential raw materials, while India gains enhanced foreign exchange reserves and strengthened global mineral market standing.
With UKTMP’s advanced technology and IREL’s mineral expertise, the Odisha-based facility is poised to create sustainable employment and increase India’s exports of high-quality titanium feedstock, elevating India’s position in the global titanium industry.
Titanium is increasingly valuable in renewable energy technologies, such as solar and wind power systems, where durability and longevity are essential.
Photo Credit: PIB