Tata Steel’s Noamundi Iron Mine awarded Bala Gulshan Tandon Award of Excellence
The Noamundi Iron Mine (NIM) of Tata Steel has been awarded the Bala Gulshan Tandon Award of Excellence for the year 2021-22 for best overall performance by the Federation of Indian Mineral Industries (FIMI). The award was given during the 56th Annual General Meeting (AGM) of FIMI on September 2, 2022 in New Delhi.
Shirish Shekhar, Chief, Noamundi, Tata Steel and Kamlesh Mahato, President, Noamundi Mazdoor Union, received the award on behalf of Tata Steel from Alok Tandon, Secretary to the Government of India, Ministry of Mines. During the award ceremony, Shirish Shekhar, Chief, Noamundi, Tata Steel was also honoured and presented with a certificate for his significant contribution towards assisting the mine in achieving excellence through sustainable mining.
It was on the basis of assessment and presentation, followed by the decision of the Jury Committee for FIMI Awards 2021-22, NIM was selected for the Bala Gulshan Tandon Excellence Award for the year 2021-22.
It may be noted here that in the month of July 2022, the Noamundi Iron Mine of Tata Steel was also accorded 5-Star rating for sustainable development for the sixth consecutive year.
About Tata Steel
Tata Steel group is among the top global steel companies with an annual crude steel capacity of 34 million tonnes per annum. It is one of the world's most geographically diversified steel producers, with operations and commercial presence across the world. The group recorded a consolidated turnover of US $ 32.83 billion in the financial year ending March 31, 2022.
A Great Place to Work-CertifiedTM organisation, Tata Steel Limited, together with its subsidiaries, associates, and joint ventures, is spread across five continents with an employee base of over 65,000. Tata Steel has been a part of the DJSI Emerging Markets Index since 2012 and has been consistently ranked amongst top 10 steel companies in the DJSI Corporate Sustainability Assessment since 2016. Besides being a member of ResponsibleSteelTM, worldsteel’s Climate Action Programme and World Economic Forum’s Global Parity Alliance, Tata Steel has won several awards and recognitions including the World Economic Forum’s Global Lighthouse recognition for its Jamshedpur, Kalinganagar and IJmuiden Plants, and Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17. The Company, ranked as India’s most valuable Metals & Mining brand by Brand Finance, featured amongst CII Top 25 innovative Indian Companies in 2021 and top 10 sustainable organisations of India Hurun Research Institute in the 2021 Capri Global Capital Hurun India Impact 50, received Steel Sustainability Champion recognition from worldsteel for five years in a row, ‘Most Ethical Company’ award 2021 from Ethisphere Institute, RIMS India ERM Award of Distinction 2021, Masters of Risk - Metals & Mining Sector recognition at The India Risk Management Awards for the sixth consecutive year, and Award for Excellence in Financial Reporting FY20 from ICAI, among several others.
Statements in this press release describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.
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