SOURCE: AFI
The Department of Atomic Energy (DAE) and Kazakhstan’s UKTMP JSC have formed a joint venture, IREUK Titanium Ltd., to produce high-grade titanium slag from ilmenite deposits in Odisha. This strategic partnership aims to strengthen India’s titanium value chain and boost the domestic production of titanium pigment and sponge.
The joint venture is a significant milestone in India’s journey towards technological self-reliance and industrial growth. It aligns with the DAE’s Platinum Jubilee year, marking a new era of international cooperation and innovation.
By leveraging the expertise and resources of both partners, IREUK Titanium Ltd. is poised to become a key player in the global titanium market. This venture will not only contribute to India’s economic growth but also enhance the country’s strategic capabilities in critical materials.